Daum Commercial completes new seven-year retail lease in Brea, CA for Chinese jewelry company's first U.S. location

Nadia Sandoval

BREA, CA – DAUM Commercial Real Estate Services, a leading provider of commercial real estate services including brokerage, tenant representation, consulting, leasing, sales, and property management, has completed a new seven-year retail lease at 1065 Brea Mall in Brea, CA.

Dennis Sandoval

The lease, which was secured on behalf of Chow Tai Fook and Gem Hooray, a Chinese 24-karat gold jewelry company, represents the retailer’s first location in the United States.

"The DAUM team’s trusted relationship with an industrial-sector client was instrumental in securing the first of several U.S. locations for this new retail venture,” says Dennis Sandoval, Executive Vice President/Principal for DAUM Commercial.

“Because of the client’s positive experience with our team, the principal’s wife and her overseas partners specifically chose Bryan Sandoval and Nadia Sandoval, Associates in DAUM’s Los Angeles office, to assist them in identifying and securing the perfect space for their initial American jewelry store.

excellent relationship with Brea Mall’s owner, Simon Property Group, that can help bring other retail businesses into the center as well. This is a prime example of how our firm is truly in the relationship-building business.”

The Brea Mall retail space is situated in Brea, California, a small, affluent suburb of Orange County – a market with a vacancy rate of 4.2% as of Q3 2024. The transaction represents DAUM’s ability to arrange prime commercial real estate leases on behalf of tenants even in markets where availability is tight, says Sandoval.

“Mall retail pads in Brea are extremely competitive and challenging to secure,” notes Sandoval. “Our team drew upon its deep knowledge and connections in the industry to identify and complete this transaction to the satisfaction of our client. This is the beginning of a series of successful retail leases we anticipate securing on behalf of Chow Tai Fook and Gem Hooray.”

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 Contacts: 

Elisabeth Manville and Lexi Astfalk 
The Smart Agency, Inc.
949.438.6262 
emanville@thesmartagency.com

 jll.com.