Present Value Properties negotiates six Menchie's leases in California

Tustin, Calif. -- Present Value Properties said it has represented Menchie's in six California lease transactions for the frozen yogurt purveyor.



A Menchie's franchisee signed a five-year lease for 1,637 sq. ft. in Orange, in a center anchored by Petco and Michaels. Menchie's will open in first quarter 2012.



In Whittier, Menchie’s will open a 1,250-sq.-ft. shop at Santa Fe Springs Plaza in early 2012. The center is anchored by Food For Less, and is currently undergoing a remodel.



In Torrance, Menchie's will open a 1,572-sq.-ft. shop in late November at Rolling Hills Plaza, a 400,000-sq.-ft. community center anchored by Whole Foods, Bed Bath & Beyond, BevMo!, Trader Joe's and AMC Theatres.



In Downey, Menchie's opened a 1,500-sq.-ft. shop at Downey Landing, a 376,000-sq.-ft. community center anchored by Ross, Marshalls, Best Buy, Old Navy, Staples, Bed Bath & Beyond, DSW, CVS, Elephant Bar, and Chili's.



In El Cajon, Menchie's opened a 1,582-sq.-ft. location in a freestanding building at 1170 E. Main Street. And in Brentwood, Menchie’s will open a 1,500-sq.-ft. shop at Sand Creek Crossing in early 2012.