Le Lézard
Classified in: Business, Covid-19 virus
Subject: RLE

Argent Continues to Convert Retail Space to Medical in Southern California Shopping Centers


HACIENDA HEIGHTS, Calif., Aug. 26, 2021 /PRNewswire/ -- Argent Retail Advisors has executed a 12,000-square-foot lease at Bixby Hacienda Plaza with Emerald Health Services, a local medical tenant that provides healthcare services to adults and senior citizens. Terry Bortnick and Preston Kim of Argent Retail Advisors represented the national property owner, CFT NV Developments, LLC, in the 10-year lease agreement. The space is part of a community shopping center located across the street from Puente Hills regional mall. A retailer formerly occupied the location and the new tenant took the space as-is with no landlord's work.

This is the third large national medical anchor tenant Argent has placed in a former retail space in greater Los Angeles during the COVID-19 pandemic.

"As a result of our long-term expertise in retail anchor store leasing, we did not limit our search to traditional retailers because the retail tenant pool has shrunk dramatically in recent years. A medical tenant like Emerald Health will drive as much, if not more, foot traffic into the shopping center, which will benefit our restaurants and service retail tenants and provide a strong, stable rental stream for the landlord from a national medical tenant with an exceptionally strong business," said Argent Retail Advisors President Terry Bortnick.

About Argent Retail Advisors: Argent Retail Advisors, Inc. is a retail commercial real estate brokerage and consulting firm based in Mission Viejo, California. Since its inception in 2008, Argent has consistently ranked as one of the top retail leasing firms in Southern California.

Contact:
Terry Bortnick, President
Argent Retail Advisors
888-301-1888 x 2

Related Files
Hacienda Heights-Bixby-Emerald Health Tombstone image.png

 

SOURCE Argent Retail Advisors


These press releases may also interest you

at 07:10
D-Wave Quantum Inc., ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2023. "Our momentum is...

at 07:10
Can-Fite BioPharma Ltd. , a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced financial results and clinical updates for the twelve months ended...

at 07:10
Better Home & Finance Holding Company ("Better" or the "Company"), a New York-based digitally native homeownership company, today reported financial results for its fourth quarter and full year ended December 31, 2023. "Through 2023 we navigated a...

at 07:10
Walgreens Boots Alliance, Inc. today announced financial results for the second quarter of fiscal 2024, which ended February 29, 2024. Chief Executive Officer Tim Wentworth said: "We're encouraged by our first quarter of U.S. Healthcare positive...

at 07:10
Through its year-end financial reports and 2023 Annual Report, Nouveau Monde Graphite Inc. ("NMG" or the "Company") publishes a positive progress report in advancing what is projected to be North America's first integrated source of natural graphite...

at 07:05
Mannatech, Incorporated , a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its fourth quarter and year ended December 31, 2023. Fourth Quarter Highlights Fourth...



News published on and distributed by: