LOS ANGELES-Argent Retail has exclusively revealed to GlobeSt.com that it has been hired by the Miami-based LNR Property, LLC to lease four retail centers in Southern California. The retail properties in question are situated in Montclair, Upland, Rancho Cucamonga and West Covina. Details on the sites are as follows:
- The Montclair center is anchored by stores including David’s Bridal and Men’s Wearhouse. It currently has 41,200 square feet of anchor space available for leasing.
- The retail property at Rancho Cucamonga is located on I-15 and opposite Victoria Gardens, a 1.5 million square foot mixed use development.
- The Upland-Foothill town center is a grocery-anchored space that also includes the co-tenants Chase Bank, Subway, Coldstone Creamery, and Pick Up Stix.
- The West Covina retail center is close to many big-name stores and it across the street from the West Covina Westfield Mall, which is anchored by JC Penney, Macy’s, Sears, Best Buy and Nordstrom Rack
According to the company, Argent is also responsible for leasing Canyon Crossings in Riverside, a 335,000 square foot power retail center. The Boston-based Long Wharf Real Estate Partners LLC hired Argent for this deal.
Via email, Terry Bortnick, President and Founder of Argent Retail Advisors, Inc., commented on the arrangements: “We are thrilled about the opportunity to work with such prestigious institutional clients as LNR and Long Wharf to help them lease up their retail centers.”
He further noted, ”We’ve always had institutional investors make up a large portion of our client base. We have a great fit with institutions, because we’ve worked on their side of the table for many years prior to founding Argent Retail Advisors.”
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