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Coreland Companies Negotiates Two Leases
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Curvatures Fitness Center & Day Spa
and Maldonado Furniture
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TUSTIN, CA (March 31, 2004) – Coreland Companies of Tustin, Calif., one of the largest real estate service companies based in California, announced that its leasing / sales division recently negotiated two leases on behalf of clients. At North Torrance Shopping Center, located on 190th Street in Torrance, Coreland negotiated a 2,400-square-foot lease with Curvatures Fitness Center & Day Spa, a subsidiary of It Figures. The term of the lease is for five years, with consideration valued at approximately $250,000. Curvatures Fitness Center & Day Spa is expected to open in June, 2004. Matt Hammond represented both the tenant and the landlord, North Torrance Plaza LLC of Torrance. “The lease with Curvatures brings North Torrance Shopping Center to full occupancy,” says Leasing / Sales Division Vice President Steven Hogberg.
At Whittier Plaza located at Whittier Boulevard and Valley Home in Whittier, Coreland negotiated a 2,920-square-foot lease with Maldonado Furniture. The term of the lease is for 50 months, with consideration valued at approximately $125,000. Maldonado Furniture is expected to open in May, 2004. Steven Hogberg and Trey Trask represented both the tenant and the landlord, a private party.
Tustin, Calif.-based Coreland Companies is a full-service commercial real estate company with expertise in retail, office and industrial properties. Coreland Companies is one of the largest privately held commercial real estate service companies based in California with a current portfolio exceeding 100 properties and totaling more than 13 million square feet. Coreland Companies is based in Tustin, CA with offices throughout California.
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