MEI is pleased to announced the closing of a 5-year lease transaction with a regional retail concept on at 1307 Montana Avenue. Dennis and Chelsea of MEI represented the Landlord in the transaction to secure a market offer for the retail space despite the ongoing pandemic and current pandemic-related shopping restrictions throughout Los Angeles County. The suite was leased to Goodies on a long-term deal with a personal guaranty. The established retailer was previously at Westfield Century City and is excited to expand their business to the westside to complement the existing boutique retailers and restaurant users on Montana Avenue. The multi-year lease at the property was negotiated at terms meeting the owner’s expectations and featured annual increases on an as-is deal.