CBM1’s Brett Mero and David Guardado recently completed a lease with Farmers Insurance in De Soto Plaza, a bustling 2-story retail shopping center fronting onto high-traffic De Soto Avenue. The sizable center features a diverse mix of restaurant and service tenants catering to the surrounding consumer base, fueled by a dense residential population and high daytime workers count.
Originally founded in 1922, Farmers Insurance is ranked among the nation’s top 10 largest insurance agencies. The firm boasts over 48,000 exclusive and independent agents, a significant percentage of which are franchisees, and retains roughly 21,000 employees. Farmers is a Fortune 100 Company with an S & P “A” credit rating and extremely well-reviewed by consumers for quality service and workers “in best places to work” polls.
The well-located site is directly across from Aerojet Rocketdyne, a major aerospace firm whose Canyon Park complex occupies three square blocks and employs 1,200 full-time workers. Immediately north of the center is the Canoga Island Village Complex apartments, occupying an entire square block and housing over 500 residents. Other nearby large-scale multi-family developments include NoVa Townhomes, De Soto Gardens, and Parthenia Terrance Apartments, home to nearly 2,000 tenants.For more information, contact Brett Mero: 818.380.9970 | Brett@cbm1.com Or David Guardado: 818.380.9072 | DavidG@cbm1.com
###