CBM1’s Geoff Grossman recently completed a lease with Maxine Waters, California’s 43^rd District Congresswoman, on +/-3,523 SF space in a corner retail strip center that will serve as a district operations office. Positioned at the signalized intersection of Hawthorne Boulevard and 136^th Street, the well-located property is situated amid the steadily gentrifying city of Hawthorne. The center presents a unique arrangement in that it combines traditional retail and community service-focused tenants, with both the O’Reilly Auto Parts anchor and Options For Youth, a charter school, occupying the center.

Maxine Waters is a congresswoman representing California’s 43^rd District in the United States House of Representatives. Her political career dates back to 1976, when Waters was first elected to the California State Assembly, where she ultimately served seven terms. In 1991, Waters was elected to the House of Representatives and is currently serving her 17^th congressional term. The 43^rd District covers most of South Los Angeles and portions of Inglewood, Gardena, and Torrance. And the newly leased office will function as Congresswoman Waters’ local management hub for her area operations.

“This is definitely my first lease on an office for a member of Congress,” CBM1’s Geoff Grossman quips about his latest high-profile tenant. That admission aside, Grossman notes that Congresswomen Waters’ leasing the property underscores the fact that “retail is still in demand.” And while Grossman acknowledges that retail uses continue to evolve, he also stresses, “Though the current tenant pool may differ from what we’ve seen in the past, there are still a significant number of prospects looking for space to lease.”

For more information on this transaction or CBM1 brokerage services, contact Geoff Grossman at 310.299.4224 | geoff@cbm1.com

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CBM1’s Daniel Barriga recently completed a lease with A-Max Insurance on +/-1,422 retail space in Norton Plaza shopping center. Situated at the signalized intersection of Long Beach Boulevard and Norton Avenue, along a flourishing retail corridor just south of the nearby 105 freeway access. The center’s notable co-tenants include Little Caesar’s Pizza, Baskin Robbins, Game Stop, UPS Store, and Cricket Wireless. Adjacent tenants include a Chase Bank branch immediately to the north, a Smart + Final and 99 Cents Only anchored center directly across Long Beach Boulevard, and a freestanding AutoZone, and Food4Less + Rite Aid anchored center south of the property.

Founded in Dallas, Texas, in 2002, A-Max Insurance brokerage has steadily expanded its territory over the past two decades, aiming to establish the firm as a nationally recognized brand. Since purchasing Sameday Insurance, a midsized Southern California-based insurance company, in 2022, A-Max has focused heavily on growth in the California marketplace. In addition to further acquisitions of existing brokerages, the firm is looking to continue opening new locations.

Drawing on a residential population of over 400,000 within a 3-mile radius, the property sees a consistently high volume of consumer traffic. Activity bolstered by the center’s diverse tenant composition and traffic siphoned from adjacent well-patronized retail tenants.

For more information on this transaction or CBM1 brokerage services, contact Daniel Barriga at 949.608.4886 | Daniel@cbm1.com

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CBM1’s Dave O’Connell + Matthew Brutzkus recently completed a lease with Teriyaki Madness, a fast-casual Japanese restaurant chain, on a +/- 1,775 SF retail space in a newer Arco Gas Station anchored property. Situated at the signalized intersection of 10^th Street + West Avenue N, the site is immediately off the 14 freeway amid a small commercial district just east of Palmdale’s core residential area. In addition to Arco, the development includes a 2-bay oil lube / vehicle-related space currently available for lease.

Founded in 2003 and based in Denver, Colorado, Teriyaki Madness licenses to over 150 franchisees operating locations in 20 states. Acquired by new ownership significantly ramping up their funding in 2016, the chain went from 12 locations to its current tally despite the pandemic. And according to Restaurant Business Magazine, this upward trend is ongoing: “[Teriyaki Madness] fast-casual bowl chain has been one of the country’s fastest-growing restaurant concepts in recent years. It has plans for another 40 to 50 restaurants in 2023, with growth coming from both new and existing franchisees.”

The well-located property is ideally positioned to attract business from commuters and area residents. Highway travelers stopping off the 14 freeway (which serves as an alternative route to Las Vegas) are sure to provide a consistent customer basis. And local Palmdale residents, whose numbers are steadily rising, will further augment the property’s commuter business.

For more information, contact Dave O’Connell: Dave@cbm1.com | 818.380.9967 or Matt Brutzkus MBrutzkus@cbm1.com | 818.665.6033

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CBM1’s Dave O’Connell + Matthew Brutzkus recently completed a lease with Ariat clothing company on a +/- 5,132 SF retail space in a newer, well-maintained neighborhood shopping center. Situated at the signalized intersection of Corbin Avenue + Nordhoff Street, the center boasts excellent curb appeal and A+ co-tenants, hosting a Panera Bread café and Burger King drive-thru. Located amid an active retail district, the well-located site is adjacent to a massive Lowe’s Home Improvement Center, Northridge Fashion Center shopping mall, and Nordhoff Plaza, anchored by Aldi Grocery, Best Buys, and PetSmart. The property is also positioned just southeast of a significant manufacturing hub with several sizable industrial campuses.

Ariat was Launched by Beth Cross as a Western apparel company in 1993. The clothier was then acquired by the Fisher Family, founders of the Gap, Banana Republic, Old Navy, and Aletha, the world’s largest specialty clothing retail conglomerate, in 2012. Ariat recently expanded its offerings to include a Workwear clothing line. And the soon-to-open Corbin + Nordhoff site will serve as their Los Angeles area flagship brick-and-mortar retail location.

“Ariat is combining two spaces [formerly occupied by T-Mobile + a nail salon] to create a ‘showcase’ retail outlet for their new workwear clothing line,” CBM1 Managing Partner Dave O’Connell says of the end-cap unit fronting onto busy Corbin Avenue. “And given the center’s proximity to the heavy concentration of nearby manufacturing operations, it’s truly an ideal use,” O’Connell adds. And according to co-leasing agent Matthew Brutzkus, the deal is further proof that in the right location: “Clothing outlets are still viable retail tenants.”

For more information, contact Dave O’Connell: Dave@cbm1.com | 818.380.9967 or Matt Brutzkus MBrutzkus@cbm1.com | 818.665.6033

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CBM1’s Geoff Grossman + Daniel Barriga recently completed a lease with Firefly Burger on +/-1,600 SF end-cap space in a corner retail strip center at the signalized intersection of Chapman Avenue and Euclid Street. The newer, well-maintained center is anchored by a high-traffic Starbucks drive-thru. Additionally, the site boasts excellent curb appeal, ample parking in a convenient onsite lot, and high street visibility on both Chapman and Euclid, two major Garden Grove area thoroughfares.

Firefly Burger is a multinational quick-serve restaurant chain focusing on unique, gourmet burgers and a range of popular fast food side orders. The chain was founded in 2011 in Jordan by three students inspired by the various American burger restaurants the trio visited while studying in the United States. In the dozen years since its initial launch, Firefly Burger has opened 60 locations in 17 countries spanning five continents. The Garden Grove site marks Firefly Burger’s second California location, following the recent opening of a Fresno restaurant.

The well-located property shares the intersection of Chapman and Euclid with a sizable Ralphs Grocery, Walgreens Drugs, and Jack in the Box drive-thru anchored shopping. Additionally, the site is less than a block north of the Kaiser Permanente medical office complex and urgent care center and surrounded by several massive housing subdivisions.

For more information on this transaction or CBM1 brokerage services, contact Geoff Grossman at 310.299.4224 | geoff@cbm1.com or Daniel Barriga at 949.608.4886 | daniel@cbm1.com

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CBM1’s Geoff Grossman recently completed a lease with A-Max Insurance on retail space in a corner shopping center. Situated at the signalized intersection of Florence Avenue and Figueroa Avenue, one block from the 110 freeway access at Flower Street in the heart of South Los Angeles. The center shares the heavily trafficked intersection with McDonald’s and Burger King drive-thru locations along with two additional bustling retail properties, and the center’s co-tenants include Little Caesar’s Pizza and Money Gram.

Dallas, TX-based A-Max Insurance brokerage was founded in 2002, and with sights set on achieving a nationwide presence, the organization has steadily expanded since its initial launch. A-Max acquired Sameday Insurance, a Southern California-based insurance company with a dozen locations throughout the region, in 2022. In an aggressive expansion mode, the brokerage has recently leased or is negotiating agreements with CBM1 on several additional A-Max locations.

Located amid one of greater Los Angeles’ most densely populated areas, over half a million residents live within a half-mile radius of the property. The site is also surrounded by a variety of major retailers and several sizable schools.

For more information on this transaction or CBM1 brokerage services, contact Geoff Grossman at 310.299.4224 | geoff@cbm1.com

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CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with Forever Beauty Artistry on a +/- 2,400 SF retail space in a sizable, multi-pad shopping center. Situated at the northwest corner of Ball Road and Valley View Street in the heart of Cypress, the heavily trafficked, signalized intersection is shared by several A+ tenants. Neighboring operators include Stater Brothers Grocery Store, Chase Bank, Citibank, Starbucks, Taco Bell, and Sports Clips, among others.

Forever Beauty Artistry specializes in permanent makeup application, a process involving tattooing micro-pigmentation on lips, eyeliners, and eyebrows. With locations in Charlotte, North Carolina and Southern California, Forever Beauty Artistry comprises an affiliated group of independent cosmetic tattoo artists. In addition to cosmetic tattooing, Forever Beauty Artistry offers permanent makeup application training courses in North Carolina, Colorado, Arizona, and Southern California.

Well located in central Cypress, the property is a short distance from the 405 + 605 freeway interchange and is surrounded by both a thriving retail district and a densely populated residential community.

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

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CBM1’s Geoff Grossman and Aaron Guido recently completed a lease with Family Care Optometry of Orange on +/-3,025 SF space in a medical office park at the intersection of Wanda Road and Katella Avenue in the city of Orange. The busy office park hosts a variety of medical and professional service tenants catering to the surrounding community.

Family Care Optometry of Orange is an independent, local optometry practice that relocated to the Wanda Road property from a prior location on Chapman Avenue also in the city of Orange.

For more information, contact Geoff Grossman: Geoff@cbm1.com | 310.299.4224 or Aaron Guido: Aaron@cbm1.com | 714.769.6117

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CBM1’s Jason Ehrenpreis recently completed a lease with The Upright Citizens Brigade (UCB) comedy troupe on +/-2,957 SF former dry cleaners in a strip center at the intersection of Bronson Avenue and Franklin Avenue. The property is situated across Bronson Avenue from a busy, high-volume sales Gelson’s Grocery Store and across Franklin from the Scientology Celebrity Center, which occupies nearly a full square block between Franklin Avenue and the 101 freeway.

The Upright Citizens Brigade Theatre (UCB Theatre) is an improvisational comedy troupe founded by the Upright Citizens Brigade members Matt Besser, Amy Poehler, Ian Roberts, and Matt Walsh, all of whom have become successful film and television actors. Prior to the pandemic, UCB operated several venues in New York City and Los Angeles but scaled down to a single location on Franklin Avenue (just around the corner from the subject site). The newly leased space will serve as a training facility offering courses in comedy, improvisation, and acting.

The well-located site is three blocks above Hollywood Boulevard and just east of the 101 freeway access at Franklin Avenue + Argyle Avenue in the heart of Hollywood.

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

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CBM1’s Geoff Grossman + Aaron Guido recently completed a lease with Poke & More Restaurant on a +/-1,155 SF retail space in a bustling strip center at the signalized intersection of Pacific Coast Hwy and Walnut Street. The well-located property is situated along a primary thoroughfare amid a highly active retail trade area surrounded by a variety of A+ national and regional tenants.

In the incoming tenant, Poke & More Restaurant is a newly launched enterprise capitalizing on the hugely popular poke bowl quick-serve restaurant concept increasingly prevalent in Southern California.

For more information, contact Geoff Grossman: Geoff@cbm1.com | 310.299.4224 or Aaron Guido: Aaron@cbm1.com | 714.769.6117

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