{"id":1986,"date":"2022-12-06T15:09:36","date_gmt":"2022-12-06T23:09:36","guid":{"rendered":"http:\/\/meirealty.com\/?p=1986"},"modified":"2023-02-25T10:42:55","modified_gmt":"2023-02-25T18:42:55","slug":"mei-closes-10-year-3-254m-retail-lease","status":"publish","type":"post","link":"https:\/\/meirealty.com\/mei-closes-10-year-3-254m-retail-lease\/","title":{"rendered":"MEI Closes 10- Year $3.254M Retail Lease in Torrance, CA"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1987\" src=\"https:\/\/meirealty.com\/media\/Best-Plaza-20140-Sample-Rendering-1-300x185.jpg\" alt=\"\" width=\"300\" height=\"185\" srcset=\"https:\/\/meirealty.com\/wp-content\/uploads\/Best-Plaza-20140-Sample-Rendering-1-300x185.jpg 300w, https:\/\/meirealty.com\/wp-content\/uploads\/Best-Plaza-20140-Sample-Rendering-1-768x474.jpg 768w, https:\/\/meirealty.com\/wp-content\/uploads\/Best-Plaza-20140-Sample-Rendering-1.jpg 1081w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>MEI is pleased to announce the closing of a $3.254M 10-year lease transaction with a national athletic retailer in Torrance, CA. Ed, Dennis and Chelsea of MEI represented the Landlord in the transaction to secure market rents on a long-term deal for the 6,000 SF endcap space. The lease features limited TIs, annual increases and a corporate guaranty. The incoming tenant will serve as fabulous co-tenants with the existing fitness-lifestyle mix of tenants at Best Plaza. The multi-year lease at the property was negotiated at terms meeting the owner&#8217;s expectations and was instrumental in kicking off demising retail suites in the pad space building at the property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MEI is pleased to announce the closing of a $3.254M 10-year lease transaction with a national athletic retailer in Torrance, CA. Ed, Dennis and Chelsea of MEI represented the Landlord in the transaction to secure market rents on a long-term deal for the 6,000 SF endcap space. The lease features limited TIs, annual increases and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1987,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[17,11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/posts\/1986"}],"collection":[{"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/comments?post=1986"}],"version-history":[{"count":1,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/posts\/1986\/revisions"}],"predecessor-version":[{"id":1996,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/posts\/1986\/revisions\/1996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/media\/1987"}],"wp:attachment":[{"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/media?parent=1986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/categories?post=1986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meirealty.com\/wp-json\/wp\/v2\/tags?post=1986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}