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Tenant Expansion Assignment
BACKGROUND/NEED
• 90k SF L.A. based Hispanic department store
• Established in 1980, now has 6 locations
• Seeking to expand its presence in Hispanic markets throughout the
Southwestern U.S.
SOLUTION
• Established a network of brokers in other CBRE offices throughout the
Southwestern U.S.
• Pursuing both on and off market deals
El Paseo, South Gate
retail/entertainment venue
PREVIOUS
Thirty acre Chevron Tank Farm.
CURRENT
A 300,000 square foot retail and entertainment development, in South Gate, California. This project exceeded the expectations of the Community and is the dominant retail and entertainment venue within a 10-mile radius.
TENANT LIST
Edwards Theaters, La Curacao, Starbucks, Baskin-Robbins, Togo's, Power Station, Foot Locker, Panda Express, Union Bank, and many other quality retailers.
DEMOGRAPHIC HIGHLIGHTS
- 5-MILE RADIUS
Population Estimate: 905,690
Average Household Income: $47,476
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Tenant Expansion Assignment
BACKGROUND/NEED
• #2 casual dining restaurant operator in the US
• More than 1,000 locations
• Seeking to expand its presence in ethnic markets
SOLUTION
• Identified key markets throughout Los Angeles
• Located opportunities (both on and off market)
•• Currently negotiating multiple locations in first phase of expansion plan
Los Jardines, Bell Gardens
latin town center
PREVIOUS
Six acres (19 parcels) of old dilapidated retail
buildings and blighted residential units.
CURRENT
A 66,000 square foot quality retail project catering to the Latino Community.
TENANTS
Famsa, Starbucks, Bank of the West, Hollywood Video, Panda Express, Taco Bell, Cingular Wireless, Susie’s Deals, Cold Stone Creamery, Quiznos, HFC.
DEMOGRAPHIC HIGHLIGHTS
- 5-MILE RADIUS
Population Estimate: 954,653
Average Household Income: $46,682
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Tenant Expansion Assignment
BACKGROUND/NEED
• Largest bank in Mexico
• Entering the US market
•• Multi-store and multi-market requirement
SOLUTION
• Prepared a thorough demographic analysis and identified target markets
•• Secured space including several “off-market” sites
• Successfully opened all necessary locations for first phase of expansion
plan
Paseo Sepulveda, North Hills
community retail center
PREVIOUS
Six acres consisting of a gas station and building supply yard.
CURRENT
A 77,000 square foot retail development.
TENANTS
AJ Wright, Walgreens, Bank of America, Starbucks, Panda Express, Wendy’s Coldstone Creamery, EB Games, Subway Sandwiches.
DEMOGRAPHIC HIGHLIGHTS
- 5-MILE RADIUS
Population Estimate: 699,100
Average Household Income: $66,433
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Tenant Expansion Assignment
BACKGROUND/NEED
• Latin American quick service restaurant
• Expanding in the Los Angeles area
SOLUTION
• Identified target markets based on customer profile and demographics
• Secured multiple locations on a lease, ground lease and build-to-suit basis
• Expansion plan has been expanded to include new target markets
Inland Empire Center, Fontana
power center
PREVIOUS
Existing 300,000 SF shopping center
adjacent to commercial land.
CURRENT
134,000 square foot expansion.
POTENTIAL USE CATEGORIES
National Chain Soft Goods, Retailers, National Chain Furniture & Appliance, Home Improvement
DEMOGRAPHIC HIGHLIGHTS
- 5-MILE RADIUS
Population Estimate: 296,927
Average Household Income: $52,709
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5 Points Plaza, El Monte
community retail center
PREVIOUS
Aging neighborhood shopping center.
CURRENT
127,224 SF newly renovated thriving
community center.
TENANTS
T.J. Maxx, Radio Shack, Food 4 Less, Don Roberto Jewelers, Pizza Hut, Kragen, Subway, Sav-On Drugs, Bancomer, HSBC.
DEMOGRAPHIC HIGHLIGHTS
- 5-MILE RADIUS
Population Estimate: 555,576
Average Household Income: $58,421
All marks displayed on this document are the property of their respective owners.
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