Xpert Tune announces Southland expansion; revitalizes landmark "Paul Bunyan" site in Van Nuys as kick-off.VAN NUYS, Calif.--(BUSINESS WIRE)--June 3, 1996--Xpert Tune, a fast-growing national lube and tune company, has leased and revitalized re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. a landmark San Fernanado Valley site in the first phase of a major Southland expansion, announced Westcord Concord Commercial Group of Van Nuys. Joe Lopez, president of Westcord, hired recently as exclusive representative for Xpert Tune for the development of new sites in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , said the company's newest facility will be located at 15237 Sherman Way, just east of the San Diego Freeway The San Diego Freeway (Interstate 405, and the part of Interstate 5 south of the El Toro Y[1]) is one of the principal north-south highways in Southern California, and the major beltway of I-5 running through Southern California. (405) in Van Nuys. Xpert Tune signed a five-year lease for the two-story, 7352 sq. ft. Sherman Way property that has become an area landmark because of a Paul Bunyanesque plaster "giant" standing watch 45 feet above ground. Xpert Tune planned a May occupancy. Lopez represented both Xpert Tune and Robert Smee, the landlord, in the transaction. Lopez reported that the transaction represents one of three sites he has secured for Xpert Tune in the past 30 days having a total lease value of $900,000. Lopez also completed transactions for Xpert Tune sites at Reseda Blvd. and Cohasset St. in Reseda and at La Brea La Brea (lə brā`ə), area, S Calif., formerly in Rancho La Brea. The La Brea asphalt pits, which yielded prehistoric animal and plant remains, are in Hancock Park, Los Angeles. and Rodeo rodeo (rō`dēō, rōdā`ō), public exhibition of the skill of cowboys in various activities. Events include riding broncos, riding steers, "bulldogging" steers, roping and tying steers and calves, the use of the lasso, and Avenues in Baldwin Hills. The Sherman Way store becomes Xpert Tune's fourth in the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. . "Xpert Tune has commissioned us to find sites throughout the five-county Los Angeles Basin The Los Angeles Basin is the coastal sediment-filled plain located between the peninsular and transverse ranges in southern California in the United States containing the central part of the city of Los Angeles as well as its southern and southeastern suburbs (both in Los Angeles . In addition to the three transactions we have just completed, negotiations are under way for several other locations," Lopez said. He added that Xpert Tune seeks free-standing buildings in the 2000-5000 sq. ft. range. Xpert Tune, which currently has six stores in Southern California, is a lube and tune company founded in 1987 and currently operates in Memphis and Knoxville, Tenn.; Montgomery, Ala; and Orlando, Fla. A specialist in automotive sites, Lopez has sold 19 automotive centers and leased more than 800,000 sq. ft. of this space since 1988. CONTACT: Westcord Concord Commercial Group Joe Lopez, 818/785-6709 or Ansoorian & Associates Art Ansoorian 818/881-1183 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion