Hollywood, CA – June 2019, Centers Business Management (CBM) completed a new leasing transaction with an Asian Restaurant in Hollywood on famed Sunset Boulevard adjacent to KTLA Studios

CBM leasing agent, Matt Saker, recently completed a lease transaction, representing the landlord and tenant, It’s Pho, a Vietnamese + Thai restaurant. An independent, Hollywood-based restaurant, It’s Pho will occupy a 2,000 SQFT street retail unit fronting directly onto Sunset Boulevard, just east of the intersection of Sunset Boulevard and Bronson Avenue in prime Hollywood. The property is situated a half-block east of KTLA Studios, Home of LA’s independent Channel 5 television station. And directly across from the currently under construction “Epic” development. A 13-story, 275,000 SQFT high rise office tower, the Epic property has already been completely pre-leased to Netflix.

It’s Pho is popular, well-reviewed Asian restaurant, specialized in Pho soup, in addition to serving traditional Vietnamese + Thai dishes. The restaurant currently operates another location on Cahuenga, near Franklin, also in Hollywood.

“Development is EXPLODING in Hollywood. The 13-story Epic development, which is right across the street from It’s Pho, is a prime example,” says CBM leasing agent, Matt Saker. But despite Hollywood’s vertical expansion, there’s still a need for service businesses and restaurants, a fact that’s creating strong demand for shop space in the area. “Smaller retail units (like the space It’s Pho will occupy) are generating tons of interest,” notes Saker, adding “and commanding very competitive rents!”

For more information about CBM and their retail leasing and property management services, please contact: Rick Rivera 310.575.1517 x201 | rickr@cbm1.com.

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3902 Pacific Coast Highway, Torrance, CA

Centers Business Management (CBM) leasing agents, Brett Mero + David Guardado, recently completed a lease transaction representing the landlord and tenant, a local frame shop, on a 1,134 SQFT retail space. The unit is in a neighborhood shopping center at the intersection of the Pacific Coast Highway + Ocean Avenue in prime Torrance. Adjacent to a newer, high-volume sales McDonald’s drive-thru location, the busy center’s notable co-tenants include Pizza Hut, Subway, Guns + Ammo, and more.


2602 6th Street, Los Angeles, CA

Centers Business Management (CBM) leasing agent, Barry Bussiere, recently completed a lease transaction representing the landlord in a deal with a local laundromat, on a 4,263 SQFT retail space. The unit is in a corner strip center at the signalized intersection of 6th Street and Rampart Boulevard, near Downtown Los Angeles and USC. A busy, well-patronized neighborhood shopping center, the property’s notable co-tenants include Metro PCS, Big 6 Market, and HoHo Chicken.


1457 E. Florence Avenue, Los Angeles, CA

Centers Business Management (CBM) leasing agent, Matt Saker, recently completed a lease transaction representing the landlord and tenant, a local Mexican restaurant, on a 1,515 SQFT retail space. The unit is in a sizable neighborhood center at the intersection of Florence Avenue and Compton Avenue in prime Southeast Los Angeles. Situated on a bustling retail intersection, the center’s notable co-tenants include an AutoZone, Pizza Hut, Subway, and more. Additional neighboring tenants include Superior Grocers, Rite Aid, O’Reilly Auto Parts, Warehouse Shoe Sale, and more.


20947 Roscoe Boulevard, Canoga Park, CA

Centers Business Management (CBM) leasing agent, Jason Ehrenpreis, recently completed a lease transaction representing the landlord and tenant, a local martial arts studio, on a 2,700 SQFT retail space. The unit is in a sizable neighborhood shopping center at the intersection of Roscoe Boulevard and De Soto Avenue in prime Canoga Park. Situated on a bustling retail intersection, the multi-building center features several notable co-tenants, including Popeye’s Chicken and Domino’s Pizza, among others. Additional neighboring tenants include Carl’s Jr, Jiffy Lube, 76 Gas Station, Jack-In-The-Box, and more.


4439 Redondo Beach Boulevard, Lawndale, CA

Centers Business Management (CBM) leasing agents, Matt Saker + Geoff Grossman, recently completed a lease transaction representing the landlord and tenant, a local Jiu Jitsu academy, on a 1,466 SQFT retail space. The unit is in a sprawling strip center at the intersection of Redondo Beach Boulevard and Hawthorne Boulevard in prime Lawndale. Stretching nearly a full block along busy Redondo Beach Boulevard, the sizable center’s notable co-tenants include 7-Eleven, H&R Block, Metro PCS, Corepower Yoga, Ohana Hawaiian Barbeque, and more.


13826 Ventura Boulevard, Sherman Oaks, CA

Centers Business Management (CBM) leasing agents, Brett Mero +v Eric Kalfa, recently completed a lease transaction representing the landlord and tenant, a local tea + deserts cafe, on a 1,764 SQFT street retail space. The unit is in a corner building at the intersection of Ventura Boulevard and Matilija Avenue in prime Sherman Oaks. Situated along the area’s prime retail corridor, the site is surrounded by a variety of upscale eateries and exclusive boutiques.


4165 Beverly Boulevard, Los Angeles, CA

Centers Business Management (CBM) property manager, Pamela Ozell, recently completed a lease transaction representing the landlord and tenant, a local coin laundry, on a 2,942 SQFT retail space. The unit is in a neighborhood shopping center at the signalized intersection of Beverly and Normandie in prime central Los Angeles. In addition to the coin laundry, the well-patronized center’s co-tenants include Western Dental, Oportun Financial Services, and Piara Pizza. And the bustling retail intersection’s co-tenants include 7-Eleven, Pizza Hut, Subway, Yoshinoya, Allstate Insurance, Fred Loya Insurance, H&R Block, Liberty Tax, Cricket Wireless, Metro PCS, and more!


CBM retail specialist Geoff Grossman just completed a $13,050,000 sale of a retail shopping center in West Los Angeles.

The 10,800+ SQFT neighborhood center is situated at the signalized intersection of National and Sepulveda, immediately off the 405 freeway, and adjacent to the 405 + 10 freeway interchange.

The high-profile sale of this rarely available asset-type was featured on the front page of the Los Angeles Business Journal last week, as well as in this week’s print edition.

For a full transaction recap, click here...


6367 Van Nuys Boulevard, Van Nuys, CA

Centers Business Management (CBM) leasing agents, David Guardado + David Levcovitch, recently completed a lease transaction representing the landlord and tenant, The Escape Room, a destination entertainment provider, on a 4,000 SQFT street retail space. The unit is in a remodeled street retail building on Van Nuys Boulevard, just West of Victory Boulevard in prime Van Nuys. Situated amid the heart of Van Nuys’ bustling retail trade area, the well-located property is less than a block from the Van Nuys municipal complex. This square block development is home to the Los Angeles Department of Public Safety, the Van Nuys Courthouse, the Los Angeles Superior Courthouse, and the Los Angeles Registrar and County Clerk’s Office.