Press Release brought to you by NAI Capital

NAI Capital Negotiates 6,668 SF Lease for Shoe Palace in Downtown Santa Ana, CA

03/06/2018

Los Angeles, CA, March 6, 2018– Senior Vice President Irwin Hyman and Vice President Jesse Paster with NAI Capital’s Encino office negotiated a long term, 6,668 square foot, lease on behalf of Shoe Palace at 106 W. 4th Street, Santa Ana, Calif. Denver, Colorado based Miller-Burg-Dupont, Inc. is the owner.

Shoe Palace will occupy the ground floor retail space in a historic office building located on corner of 4th & Main Street in the heart of Downtown Santa Ana, in Orange County, CA. The site is in the densely populated Civic Center area submarket; 341,818 people live within a 3-mile radius. It is centrally located with excellent freeway access to the Golden State (I-5), Costa Mesa (SR-55) and the Pomona (SR-57) Freeways. Built in the 1920’s, the space features 19 foot high ceilings, as part of a 49,500 square foot 6-story office building, with exceptional architectural appeal.

Paster said, “This is an outstanding location for Shoe Palace to be in.  Downtown Santa Ana’s Civic Center area is a dynamic and exciting community.” Hyman added, “This downtown location puts Shoe Palace in the best location in Downtown where there are many trendy retailers and restaurants opening. Our client is thrilled to be at the forefront in this retail neighborhood.”

About NAI Capital

NAI Capital is the largest independently owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, the premier managed commercial real estate service network with 400 Offices and 7,000 market leaders spanning the globe, NAI Capital provides a complete range of transaction, valuation, investment, property management and consulting services. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, investors and developers throughout Southern California. NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.

NAI Capital Brokerage CA BRE #01990696.

To learn more, visit www.naicapital.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing in excess of 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more, visit www.naiglobal.com.       

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NAI Capital

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