JUST LEASED! Froggy Jumpers Indoor Park at Atlantic + Tweedy in Prime Southgate
CategoriesNews Press Release

JUST LEASED! Froggy Jumpers Indoor Park at Atlantic + Tweedy in Prime Southgate

CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with Froggy’s Jumpers Indoor on a +/-5,040 SF retail space in a remodeled shopping center at Atlantic Avenue and Tweedy Boulevard in prime Southgate.

A newly launched, independent local business, Froggy Jumpers is an indoor recreation facility and rental service offering bounce houses, waterslides, and other inflatable amusement structures. Froggy’s hosts guests at their “indoor park” in the Southgate shopping center and rents inflatable structures for private parties and special events.

The busy center’s notable co-tenants include Baskin Robbins Ice Cream, Winchell’s Donuts, Bright Dental, and Cricket Wireless.

Situated just south of Firestone Boulevard, near the 710 freeway, the center is one block from Southgate Elementary School, where 460 students are currently enrolled. The site is also one block from Southgate Park, a massive and popular recreation center with soccer fields, baseball diamonds, volleyball courts, public swimming pool, batting cages, skatepark, and a municipal auditorium.

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 JASON EHRENPREIS FEATURED IN THE DAILY BREEZE
CategoriesNews Press Release

CBM1’S JASON EHRENPREIS FEATURED IN THE DAILY BREEZE

A lease that CBM1’s Jason Ehrenpreis recently completed at Western Avenue and Capitol/Trudie Drive in Rancho Palos Verdes was just featured in a Daily Breeze article.

The site, formerly occupied by a Marie Callender’s restaurant but left vacant for several years, has been leased to a national bank.

Mr. Ehrenpreis has been incredibly active at this intersection, handling a number of leases and closing a sale. Jason leased a Wendy’s drive-thru diagonally opposite the subject property last fall. And he closed the sale of Western Plaza, a shopping center in redeveloped across from the subject property in March of this year, in addition to completing several leases with national tenants at the center.

Below are excerpts from the article, reported by the Daily Breeze’s Donna Littlejohn:


“It’s a bank that’s already in the area and is doing very well but was looking for a better location,” Ehrenpreis said. He said the name has not been released but added, “It’s not Chase.”

Ehrenpreis also handled the makeover of Western Plaza on the next block to the south from Marie Callender’s. The center spans a full block between Capitol and Park Western Drive. Work already has begun on that project that will include a Habit Burger, a Mattress Firm, California Fish Grill and Urbane Café

Meanwhile, the former Broiler Express, also a project of Ehrenpreis, just to the north of Marie Callender’s, is being transformed into a Wendy’s with a drive-thru that he said should open by July 4th.


For more details on these transactions or to inquire about retail leasing and commercial property sales, contact Jason Ehrenpreis: Jason@cbm1.com | 310.231.5213

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Rizo Sports Memorabilia | 4th + Broadway, Santa Monica | Just Leased
Categoriesretail leasing just leased Press Release

FULLY LEASED! Flagship Retail at 4th Street + Broadway in Downtown Santa Monica

CBM1’s Jason Ehrenpreis recently completed a lease with Lumee La ceramic arts studio on a +/-910 SF ground-level retail space in a mixed-use building at the intersection of 4th Street and Broadway in downtown Santa Monica. With Lumee La leasing the last remaining vacancy, joining Zero Latency VR Gaming Arcade and Rizo Sports Memorabilia, two new tenants also procured by Mr. Ehrenpreis, the iconic Bay Builder’s Exchange Building’s street retail compliment is now 100% occupied for the first time in nearly a decade.

Lumee La is DIY (do it yourself) arts studio hosting individuals and groups of varying sizes in the guided creation of novel art projects, including Creamee Decorations, Squishy Charms, Artistic Candles, and Pouring Art. The studio is relocating from a prior location in West Los Angeles.

The Bay Builder’s Exchange Building is 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, a former fitness studio, fronts onto 4th street and is positioned adjacent to the hard corner.

The high-profile location is situated 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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JUST LEASED! Taste of Caribbean Restaurant at Los Coyotes Diagonal + Palo Verde Avenue in Long Beach
Categoriesjust leased Press Release retail leasing

JUST LEASED! Taste of Caribbean Restaurant at Los Coyotes Diagonal + Palo Verde Avenue in Long Beach

CBM1’s Geoff Grossman recently completed a lease with Taste of the Caribbean restaurant on an +/-1,890 SF space formerly occupied by Little Coyote Pizza in a freestanding retail pad building at Los Coyotes Diagonal and Palo Verde Avenue.

Taste of the Caribbean restaurant was launched by Chef Bernard James, a native of Guyana and experienced restaurant operator who previously founded a popular Caribbean-theme eatery in Corlette, New York, before migrating to the West Coast. The Long Beach site marks Taste of the Caribbean restaurant’s second location, expanding from its first restaurant at Santa Monica Boulevard near Gower Street in the heart of Hollywood.

Positioned at the tip of a unique, triangular-shaped shopping center, situated between Los Coyotes Diagonal, Palos Verde Avenue, and Wardlow Road, the site is directly across from an enormous Ralph’s supermarket. Boasting outstanding area demographics, +/-200,000+ residents earning an average annual household income of more than $100,000 live within a 5-mile radius of the property.

For more information, contact Geoff Grossman: 310.299.4224 | Geoff@cbm1.com

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JUST LEASED! Xēba Botánica Skincare Maker on Sunset Boulevard in Echo Park
Categoriesretail leasing just leased Press Release

JUST LEASED! Xēba Botánica Skincare Maker on Sunset Boulevard in Echo Park

CBM1’s Dave O’Connell recently completed a lease with XēBA BOTáNICA, a boutique skincare product maker on +/-1,340 SF street retail space on Sunset Boulevard west of Echo Park Avenue in the heart of LA’s trendy Echo Park neighborhood.

XēBA BOTáNICA, founded by Rachel Bibbee and Daniel Olvera, produces a line of organic, plant-based skincare products sold online and in exclusive branded retail shops. What began as a fun experience in home-making personal care products for the pair’s own use evolved into a startup that combined Daniel’s business and agriculture background with Rachel’s education in biology and chemistry. After years of refining and perfecting their product line – all hand-crafted in-house using organic plant-based materials and plastic-free packaging – the founding partners launched XēBA BOTáNICA in 2020. The Echo Park store is their second retail outlet, expanding from their original Pioneertown location in the high desert near Joshua Tree.

The property is situated in northeast Los Angeles, a steadily gentrifying locale marked by a surging influx of hip cafes, exclusive boutiques, and popular night spots.

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

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Just Leased! Wellness Center at 2nd Street + G Street in Prime San Bernardino
Categoriesretail leasing just leased Press Release

JUST LEASED! Wellness Spa at Marshall Plaza in Prime San Bernardino

CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with a wellness spa on an approximately 1,040 SF retail space. The unit is situated in Marshall Plaza, a multi-building community shopping center at the major signalized intersection of 2nd Street and G Street in San Bernardino.

A newly launched, independent local business, the wellness spa offers various health and wellness services and beauty treatments. Targeting the surrounding community, boasting 40,000+ residents within a 5-mile radius, the spa aims to capitalize on the $5 trillion wellness preservation and self-care industries.

Situated immediately off the 215 freeway amid the area’s primary retail district, Marshalls, Dollar Tree, and dd’s discount anchors the sprawling Marshall Plaza. The property’s additional A+ co-tenants include Skechers Shoe Outlet, Subway, and Taco Bell, among many more!

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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Hoover + 29th Street | South Los Angeles | Just Leased | Roadside Taco
Categoriesretail leasing just leased Press Release

JUST LEASED! Roadside Taco Restaurant + Bar on Hoover Street Near USC Campus

CBM1’s Geoff Grossman + Andrea Cronin recently completed a lease with Roadside Taco restaurant and bar on a +/-1,850 SF space in the Campus Plaza shopping center close to USC’s main campus.

Roadside Taco is a popular, well-reviewed Mexican restaurant and bar known for a menu packed with an array of delicious tacos, ranging from traditional favorites to unique creations, including their famed cochinta pibil and chicken birria tacos. The eatery is also renowned for its cocktail selection, boasting over 20 custom margarita mixes and several specialty adult beverages. With the soon-to-open site on Hoover Street, Roadside Taco will celebrate the launch of its second restaurant, expanding from its original location on Ventura Boulevard in Studio City.

The site’s impeccable location, situated at the northwest corner of Hoover Street and 29th Street, is just three blocks from USC’s central campus. USC boasts 49,000 students, 7,400 faculty members, and an additional 18,000 administrative and support staff members, collectively representing a gigantic consumer base typically known to heavily patronized area restaurants and bars.

For more information, contact Geoff Grossman: 310.299.4224 | Geoff@cbm1.com Or Andrea Cronin: 818.390.9968 | Andrea@cbm.1com

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CategoriesNews Investment Sales retail leasing Press Release

We’re Doing Deals – And We’re KILLING IT!

We're Doing Deals Email Header

Despite all the chatter insisting an “economic downturn” is all but inevitable, we’re doing deals at CBM1– And we’re KILLING IT! Our industry-leading retail broker team is signing tons of leases and closing sales, too. In other words, one firm’s downturn is our… OPPORTUNITY!

If you’re a landlord with vacancy or a tenant seeking space, our team is here to help you.

GET IN TOUCH TODAY!

Geoff Grossman
DRE#02198688
Co-Managing Principal
CBM1, Inc
310.299.4224
Geoff@cbm1.com

Dave O’Connell
DRE#1398651
Co-Managing Principal
CBM1, Inc
818.380.9967
Dave@cbm1.com

Check out some of our most notable recent transactions here!

JUST LEASED! Figueroa + Adams | Eggtuck Restaurant | Near USC Campus
Categoriesretail leasing just leased Press Release

JUST LEASED! Eggtuck Restaurant in 7-Eleven Anchored Shopping Center Near USC Campus

CBM1’s Geoff Grossman + Andrea Cronin recently completed a lease with Eggtuck quick-serve restaurant on a +/-1,350 SF space in the Campus Plaza shopping center close to USC’s main campus.

Specializing in delectable breakfast sandwiches and breakfast burritos, Eggtuck’s unique menu ranges from traditional egg, ham, and bacon sandwiches to more exotic fare, including pork + beef short ribs (mild or spicy) served on brioche buns with their signature egg sauce, and house-made sriracha aioli. Currently operating three SoCal locations, with two more (including the Figueroa + Adams site) coming soon, Eggtuck is also expanding through franchising, with two additional locations in Chicago and a third on the way. The increasingly popular eatery has nabbed the media spotlight, with recent profiles by Dine LA, Thrillist, Time Los Angeles, LA Weekly, Eater, Los Angeles Magazine, and ABC News.

Situated at the northeast corner of South Figueroa and West Adams Boulevard, Campus Plaza is less than a block from the Adams Boulevard exit off the 110 freeway, barely three-quarters of a mile from USC’s central campus, and just over a mile from the 10 + 110 freeway interchange, the LA Convention Center, and Crypto.com Arena.

USC’s 49,000 students, 7,400 faculty members, and an additional 18,000 administrative and support staff provide Campus Plaza with an enormous consumer base. The surrounding community’s population, which soars above 477,000 residents within a 5-mile radius, offers further evidence of the area’s exceptional demographics.

For more information, contact Geoff Grossman: 310.299.4224 | Geoff@cbm1.com Or Andrea Cronin: 818.390.9968 | Andrea@cbm.1com

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29105-29227 S. Western Ave. Rancho Palos Verdes, CA 90275
CategoriesInvestment Sales Press Release just sold

JUST SOLD! Soon To Be Remodeled Shopping Center on Western Avenue in Rancho Palos Verdes

CBM1’s Jason Ehrenpreis represented the buyer and seller in the recent sale of Western Plaza, a +/-31,170 SF shopping center undergoing a full remodel (expected to be completed this fall) on Western Avenue at Capital/Park Western in Rancho Palos Verdes.

The sale marks the property’s first-ever transfer and resulted primarily from Mr. Ehrenpreis’ exceptional efforts both as a leasing and sales agent. “I’ve handled the leasing [at Western Plaza] for years and recognized a potentially huge upside, given the location’s ‘bullseye intersection’ for this trade area, if the property were remodeled,” Ehrenpreis shares. He then suggested to ownership that rehabbing and repositioning the center would make the property far more desirable to premier credit tenants.

“The owner agreed with the wisdom of my proposal,” Ehrenpreis says, adding: “And with their pledge to remodel the center, I leveraged long-standing relationships to secure leases with several notable tenants, including Habit Burger, Mattress Firm, California Fish Grill, Urbane Café, and O’Reilly.”

With the caliber of incoming tenants and the growing scope of the endeavor, the owner realized a more seasoned retail developer would be a better option to complete the project. “The groundwork I laid in signing leases with credit tenants empowered me to source a buyer the capacity to complete a redevelopment project of this scale and the vision to see the long-term financial rewards,” Ehrenpreis relates, a sentiment underscored by the transaction netting a lucrative $8,400,000 sale price.

The site stretches an entire city block along Western Avenue, from Capital to Park Western, in affluent Racho Palos Verdes. Superbly located, the center is surrounded by numerous A+ retail tenants. Several grocery-anchored shopping centers, including sites anchored by Ralphs, Trader Joe’s, and Sprouts, respectively, border the subject property.

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

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about us

CBM1 is a Southern California-based commercial real estate leasing and investment sales brokerage specializing in landlord & tenant and property investor representation for retail, industrial, and other commercial real estate properties.

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(310) 575-1517
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(818) 380-9966
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inquiries@cbm1.com

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