CBM1’s Jason Ehrenpreis recently completed a lease with Rizo Sports memorabilia on a +/-2,795 SF ground-level retail space in a mixed-use building at the intersection of 4^th Street and Broadway in downtown Santa Monica. Rizo Sports specializes in selling sports trading cards and trading card games (TCG). In addition to card “grading” appraisal services, Rizo also trades for and purchases select high-value and sought-after collectible cards. With existing locations in Riverside’s Canyon Crest Towne Centre and Galleria at Tyler Shopping Mall, the soon-to-open Santa Monica location marks the third retail outlet for this steadily expanding enterprise.

Situated the iconic Bay Builder’s Exchange Building, a landmark Spanish Colonial-style structure built in 1927. Now serving as a mixed-use commercial property, the building features second and third-story office suites above ground-floor retail space. The subject space, formerly a Van’s shoe and apparel store, wraps around the corner, commanding high visibility frontage on both Broadway and 4^th Street, a pair of bustling thoroughfares with massive daily foot and auto traffic fueled by area residents and visiting tourists alike.

The high-profile location is well-positioned at the epicenter of Santa Monica’s vibrant, thriving, and diverse community. Nearby points of interest include Santa Monica Place, 3rd St Promenade, and the famed Santa Monica Pier, along with A+ retailers, Target and Trader Joe’s, and thousands of multi-family residences and corporate offices.

For more information, contact Jason Ehrenpreis: Jason@cbm1.com | 310.231.5213

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CBM1’s David Guardado recently completed a lease representing Mariachi Bakery on +/-1,610 SF space in a multi-building, Goodwill-anchored corner shopping center. (Frank Magana of Kennedy Wilson represented the landlord.) Mariachi Bakery is a Mexican-theme café and panaderia specializing in popular Hispanic pastries, breakfast and lunch items, and a wide array of cold and hot coffee beverages, hot and iced teas, Tres leches, and other popular café drinks. Well-reviewed on Google and Yelp, the soon-to-open Downey site marks Mariachi Bakery’s second location, expanding from its original store in Norwalk.

The bustling center wraps around a freestanding Pizza Hut restaurant positioned on the hard corner of Imperial Hwy and Columbia Way. Anchored by a Goodwill resell outlet, the property features a diverse mix of notable co-tenants, including School First Credit Union and other regional food and service-related operators.

Two blocks east of Lakewood Boulevard and two blocks north of the 105 freeway, the well-located site is directly across the street from the Los Angeles County Office of Education and Office of Probation complex. One block to the east is a 420+ bed Downey Kaiser Permanente Hospital. Key factors contributing to the locale’s strong daytime population counts, boasting nearly 9,900 employees working within a 1-mile radius of the property.

For more information, contact David Guardado: 818.380.9972 | DavidG@cbm1.com

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CBM1’s Aaron Guido and Daniel Barriga recently completed a lease with Infrared Sauna Studios wellness spa on a +/-1,800 SF space in a +/-23,000 SF shopping center. Relocating from the city of Cypress, Infrared Sauna Studios hosts specialized saunas that project full-spectrum infrared rays, an increasingly popular wellness therapy. In addition to the increased heat of a traditional sauna experience, infrared rays penetrate the skin and provide a variety of health-related benefits, with users reporting increased energy levels, physical rejuvenation, and an enhanced sense of well-being.

Stretching nearly an entire block along Los Alamitos Boulevard running east of Katella Avenue, the property incorporates four buildings, including a freestanding CVS drugstore and Wahoos Fish Tacos restaurant. The prominent, high-visibility center features a towering monument sign, sprawling onsite parking, and a diverse mix of service and food tenants.

Los Alamitos Boulevard is a bustling commercial corridor lined with numerous notable national and regional tenants. The diverse mix of retail shops, restaurants, and service-oriented businesses draws a steady stream of patronage from the community’s densely populated residential neighborhoods. Several nearby large-scale office parks and schools also contribute to the site’s consistent consumer traffic.

For more information, contact Aaron Guido: Aaron@cbm1.com | 714.769.6117and Daniel Barriga: Daniel@cbm1.com | 949.608.4886

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CBM1’s Jason Ehrenpreis recently completed a lease with Wendy’s fast-food chain for a +/-1,938 SF freestanding drive-thru. Founded in 1969 in Columbus, Ohio, Wendy’s has grown to encompass 7,000+ locations spanning 32 countries. More than 6,600 locations are franchisee-owned, but the soon-to-open Rancho Palos Verdes site joins a company’s portfolio of just over 400 corporate-held stores.

“Wendy’s signed a corporate-guaranteed, long-term lease at a highly competitive rate,” says CBM1’s Jason Ehrenpreis, a decision driven by the flagship-worthy location and the challenge of securing a drive-thru in this extremely tight submarket. “Wendy’s is confident this location is ideally positioned to generate sales far above many competitors,” Mr. Ehrenpreis notes, alluding to Wendy’s winning track record and the strong performance of surrounding tenants. Jason also praises Wendy’s broker, Kevin Barry, with Irish Commercial Real Estate, for his contribution to a “seamless transaction,” adding: “There are always hurdles in leasing transactions. Fortunately, Kevin and I were able to quickly formulate reasoned solutions mutually beneficial to our respective clients.”

Situated on Western Avenue at Capitol/Trudie, a bullseye intersection for this trade area, the superbly located property is surrounded by numerous A+ retail tenants. Several well-patronized shopping centers, including sites anchored by Ralphs Grocery, Trader Joe’s, and Sprouts, respectively, border the site. Another retail center, on Western Avenue across Trudie Drive, is currently amid a complete remodel and already attracting additional credit tenants.

For more information, contact Jason Ehrenpreis: 310.231.5123 | Jason@cbm1.com

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CBM1’s David Guardado recently completed a lease with Dream Massage on a +/-1,000 SF unit in a corner retail shopping center. Dream Massage joins 7-Eleven as sole co-tenant in a well-patronized, high-visibility strip center. An independent, steadily expanding therapeutic massage provider, Dream Massage operates 8 locations (and counting) in Los Angeles and Orange Counties. Mr. Guardado has completed several leases with Dream Massage, including sites at Olympic Boulevard + Bundy Drive in West LA, Ventura Boulevard and Tampa Avenue in Tarzana, and First Street and Newport Avenue in Tustin.

Situated at the major signalized intersection of Olympic Boulevard and Sepulveda Boulevard in West LA, the bustling center is one block east of the 405 freeway and less than three minutes from the 10 + 405 freeway interchange at Sepulveda and National Boulevards.

Located at the convergence of West Los Angeles, Westwood, Mar Vista, and Santa Monica, the property boasts several outstanding area amenities. Nearby points of note include the adjacent densely populated residential neighborhoods in Westwood and West LA; the massive 20-story Westwood Gateway Towers two blocks north at the intersection of Santa Monica + Sepulveda Boulevards; and a range of A+ tenants surrounding the property, including the Marshall’s and Home Goods anchors at the

For more information, contact David Guardado: 818.380.9072 | DavidG@cbm1.com

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CBM1’s Dave O’Connell recently completed a lease with Zoom Room, a franchise-driven dog training business in a +/-5,030 SF retail space in an Albertson’s Grocery and Rite Aid Drugstore anchored shopping center in prime Redlands. Founded in 2007 by Mark Van Wye, dog training expert and bestselling author, Zoom Room offers indoor dog training classes focusing on pet socialization. Zoom Room boasts 54 locations in 30 states, operated almost exclusively by franchisees. Many thanks and appreciation to Micael Salove with MSC Los Angeles for his representation of Zoom Room in this transaction.

Citrus Village Plaza shopping center spans an entire block along Redlands Boulevard between Palm Avenue and Cypress Avenue, both of which are signalized intersections. The sprawling retail center includes a retinue of A+ national and regional tenants, including Albertson’s Grocery Store and Rite Drug Store anchors, UPS Store, and Goodwill Industries, along with Chase Bank and Panera Bread, located on pad spaces at each of the property’s hard corners.

Located 3 minutes southwest of the 10 freeway, at the Cypress Avenue access point, Citrus Village is the largest retail center within a 3-mile radius. The property is the primary grocery-anchored center serving a growing population with 122,000 residents in a 5-mile circumference. The lack of nearby alternatives ensures a built-in, consistent area consumer base.

For more information, contact Dave O’Connell: Dave@cbm1.com | 818.380.9967

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CBM1’s Aaron Guido recently completed a lease with Fit Culture Pilates, a women-founded and owned business offering Pilates instruction blended with elements of cardio, strength training, barre, and yoga practice. The growing venture currently includes three locations, with studios in Torrance, San Pedro, and the newly launched Riviera Coast Plaza site. Cultivating a dedicated customer base, the operation has earned 5-star reviews on Yelp, with 4.8-star (Torrance) and 4.5-star (San Pedro) marks on Google Reviews.

The +/-1,352 SF shop space is situated in the prestigious Riviera Coast Plaza, a mixed-use development with ground-level retail shop spaces below condominium and townhome residential units. Boasting exceptional curb appeal and outstanding street visibility on bustling Palos Verdes Boulevard, the complex is less than half a block south of the Pacific Coast Hwy.

The site is located just a few short blocks from the shore, the property is superbly positioned amid Redondo Beach’s central retail hub. Immediately to the south is the popular Rock & Brews bar and grill on the corner of Palos Verdes Boulevard and Pacific Coast Hwy. One block to the north is a busy Vons Grocery Store anchored shopping center. And east of the Palos Verdes Boulevard is a network of densely populated residential neighborhoods.

For more information, contact Aaron Guido: 714.769.6117 | Aaron@cbm1.com

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CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with NM Innovations Inc marketing agency in Magnolia Plaza, a sizable shopping center at the major signalized intersection of Magnolia Avenue + Westminster Boulevard. The +/-1,700 SF unit is on the ground floor of a 2-story shopping center that stretches a half block along Magnolia Avenue. Magnolia Plaza is a sprawling development boasting a diverse retail and office-oriented tenant mix, including DeVita Dialysis, All State Insurance, medical and dental offices, beauty supply, nail salon, and various restaurants.

NM Innovations Inc is woman founded and led market agency handling direct marketing planning and campaign management. Headed by CEO Anicia del Junco, the firm provides small and medium businesses and large corporations with marketing support, employing direct marketing tactics to build brand awareness and drive customer acquisition. Primarily serving Orange County, the company is affiliated with Frontier Communications Inc, HSO Executives, PRIAM Inc, and a network of other allied marketing agencies.

The well-located site is situated along Westminster Boulevard, a major area thoroughfare lined with successful retailers. Close to the 22 (Garden Grove) freeway, the site is just a few blocks south of the Magnolia Avenue exit. A significant population center, the surrounding area hosts a densely packed residential community.

For more information, contact Aaron Guido: 714.769.6117 | Aaron@cbm1.com Or Daniel Barriga: 949.608.4886 | Daniel@cbm1.com

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CBM1’s Jason Ehrenpreis recently completed a lease with Zero Latency Virtual Reality Gaming on a +/-5,075 SF ground-level retail space situated in the iconic Bay Builder’s Exchange Building at the gateway to the 3^rd Street Promenade. Built in 1927, the Spanish Colonial-style building now serves as mixed-use commercial property, with upper-level office suites positioned above ground-floor retail space. The subject space boasts excellent frontage with exceptional visibility on Broadway, a bustling thoroughfare with massive daily foot and auto traffic fueled by both local residents and visiting tourists.

Zero Latency VR is a multi-national company with locations in 27 counties, including 18 sites in the United States and one space operating in the Southern California community of Rancho Cucamonga. The burgeoning, largely franchise-based enterprise is driven by the increasingly popular trend of “virtual reality arcades.” Patrons outfitted with “VR rigs” (virtual reality headsets and hand controllers) play solo and group interactive virtual reality games onsite. “This deal is indicative of the ongoing shift in retail, with premier sites formerly occupied by apparel and other businesses selling physical goods being replaced by a growing number of experiential-oriented tenants,” says CBM1’s Jason Ehrenpreis. And it’s “proof positive,” according to Ehrenpreis, of the fact that while “traditional” tenants continue to wane, “retail is by no means dead.”

The high-profile location resides at the epicenter of Santa Monica’s vibrant, thriving, and diverse community. Nearby points of interest include Santa Monica Place, 3rd St Promenade, and the famed Santa Monica Pier, along with A+ retailers, Target and Trader Joe’s, and thousands of multi-family residences and corporate offices.

For more information, contact Jason Ehrenpreis: Jason@cbm1.com | 310.231.5213

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