Wilson Commercial Real Estate Closes Out First Half With More than 2M SF of New Leasing assignments and 32 Leases

LOS ANGELES, CA – JULY 27, 2010 – Wilson Commercial Real Estate, Southern California’s leading retail brokerage firm, had a successful first six months of 2010 securing leasing assignments for 13 retail centers totaling more than 2 million square feet.

The leasing assignments include three new developments, five redevelopment projects and five existing centers.

 Additionally Wilson Commercial completed 32 leases totaling approximately 600,000 square feet during the first half of 2010. Currently the company oversees leasing at 90 retail properties totaling 8.3 million square feet in Southern and Central California.

“During this challenging economic climate, landlords understand the importance of retaining a firm who has the experience and knowledge to improve occupancy at their center,” said Chris Wilson, (top right photo) president of Wilson Commercial Real Estate. “We have a deep understanding of the landlord and tenant side of the business, enabling us to deliver results in this ongoing challenging market.”

The following are a summary of the new leasing assignments:

· The Commons at Quartz Hill, a 487,370-square-foot Walmart anchored community retail center in Lancaster, Calif. that is currently being developed by Rothbart Development Corp.

· The Crossroads at 395, a 218,503-square-foot Walmart anchored community retail center in Victorville, Calif. that is currently being developed by Rothbart Development Corp.

· 2700 Figueroa Street a mixed use student housing project featuring 171 units and 15,000 square feet of retail currently being developed by Symphony Development Company.

· Granada Village, a 224,783-square-foot neighborhood retail center in Granada Hills, Calif. anchored by TJ Maxx, Stein Mart and Rite Aid that is currently being redeveloped by the landlord, Regency Centers.

· Carson Shopping Center, (middle right photo) an 84,418-square-foot community retail center in Carson, Calif. anchored by CVS Pharmacy that is currently being redeveloped by the landlord, Watt Companies.

· Edinger Plaza, a 149,039-square-foot community retail center in Huntington Beach, Calif. anchored by Michael’s and PetSmart that is currently being redeveloped and repositioned by the landlord, Watt Companies.

· Norwalk Plaza, an 114,311-square-foot neighborhood shopping center located in Norwalk, CA anchored by Northgate Market and AJ Wright.

· Alicia Town Center, 149,424-square-foot neighborhood retail center in Mission Viejo, Calif. anchored by LA Fitness and Dollar Tree that is currently being redeveloped by the landlord, Watt Companies.

· San Fernando Valley Square, a 230,000-square-foot neighborhood retail center in San Fernando, Calif. anchored by Home Depot and Sam’s Club.

· Yucaipa Valley Center, a 230,000-square-foot retail center in Yucaipa, Calif. anchored by Vons, Ross Dress for Less and Staples.

· Amargosa Commons, a 173,000-square-foot power center in Palmdale, Calif. featuring several national tenants including Dress Barn, Ultimate Electronics, Bed Bath & Beyond, TJ Maxx, Trader Joe’s and PetSmart.

· Country Village Square, a 90,000-square-foot retail center in Rancho Cucamonga anchored by Stater Bros.

· Visalia Marketplace  (bottom right photo), a 275,000-square-foot retail center in Visalia, Calif. anchored by K-Mart and Save Mart Grocery. Wilson Commercial Real Estate has partnered with Bakersfield-based, Olivieri Commercial in the leasing of this property.

Contact: David Ebeling, Ebeling Communications, (949) 278-7851, david@ebelingcomm.com