Tuesday, July 21, 2015

Newmark Grubb Knight Frank Completes Two New Leases Totaling 13,605 Square Feet with Phenix Salon Suites in San Diego County, CA

  
Randee Stratton

 San Diego, CA (July 21, 2015) — Newmark Grubb Knight Frank (NGKF) has completed two new leases with Colorado Springs, CO-based Phenix Salon Suites, the fastest growing ‘Salon Suites’ concept in the United States.

 The leases total 13,605 square feet and are located in San Diego submarkets of Rancho Bernardo and Vista.

Randee Stratton, Managing Director with NGKF in the firm’s La Jolla office, completed the leases on behalf of Phenix.

 Rancho Bernardo: Phenix signed a 10-year plus options, 8,603-square-foot lease located at 15731 Bernardo Heights Parkway, Suites 104 and 105, within Bernardo Heights Plaza.

Robert Aertker
Vista: Phenix signed a 10-year plus options, 5,002-square-foot lease located at 1605 S. Melrose Drive, Suites B and C.

Over the last three years, Stratton has worked with Phenix to expand its presence in key California markets and has either opened, is under contract, or is under construction on a total of 34 locations with a total lease consideration exceeding $52 million and totaling approximately 180,000 square feet. 

Other San Diego locations include Encinitas – the first location in California – as well as Downtown La Jolla, and Downtown San Diego.

“Many of these locations are not “cookie cutter” spaces,” she adds. “Being flexible and creative with space options and square footage has been an overriding theme as I reach out to landlords.”
  
“Randee was among our first brokers in the country. She immediately understood the Phenix concept and began producing top-quality sites for us.  

"Her enthusiastic representation has been instrumental in the growth of our brand in California,” said Robert Aertker, National Director of Real Estate, Phenix Salon Suites.

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto
Spaulding Thompson & Associates

949.278.6224

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