HUNTINGTON BEACH, CA, Jan. 17, 2012 – Wilson Commercial Real Estate, one of Southern California’s leading retail brokerage firms, has completed leases totaling approximately 113,000 square feet at Edinger Plaza Shopping Center (top left photo), a 145,143-square-foot retail center located at 7490-7664 Edinger Avenue, at the intersection of Edinger Avenue and Beach Boulevard, across from the Bella Terra Mall in Huntington Beach, Calif.
Chris Wilson (middle right photo) and Scott Burns (middle left photo) of Wilson Commercial have secured leases on behalf of the landlord and developer, Watt Properties, Inc., with Dick’s Sporting Goods, Nordstrom Rack, Michaels, Citibank and Starbucks.
Dick’s Sporting Goods signed a lease for 47,948 square feet of space. Dick’s Sporting Goods was represented by Scott Riddles and Derek Fitch of CB Richard Ellis and Jeff Straka of Retail Select Services.
· Nordstrom Rack signed a lease for 34,000 square feet of space. Nordstrom Rack as represented by Jeff Nichols and Randy Cantrell of Northwest Retail Partners firm.
· Michaels signed a lease for 24,925 square feet of space. Michaels was represented by Vic Montalbo of Vic Epsteen & Associates.
· Citibank signed a lease for 5,000 square feet of space. Citibank represented itself in the transaction.
· Starbucks signed a lease for 2,450 square feet of space. Starbucks was represented by Vic Montalbo of Epsteen & Associates
“We are excited to announce the completion of these leases,” said Wilson. “Our firm has represented Watt Companies in the leasing of this project since 2008 and has worked diligently to keep these deals together through this correction cycle. The success is a confirmation of the strength of this property and the Edinger corridor.”
Watt Companies recently embarked on a $20 million renovation of Edinger Plaza which will include converting a former CVS building into a larger retail space for Dick’s Sporting Goods, adding retail space for Nordstrom Rack in a former Howard’s building, expanding the existing Michaels space and upgrading the façade treatment, storefronts and landscaping. Completion of the project is scheduled for Fall 2012.
For more information, please visit http://www.wcre.net/.
Contact:
David Ebeling
Ebeling Communications
(p) 949.861.8351
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