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Gelt Inc: Leasing restaurant and office space.

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Uploaded by on Aug 25, 2009

Gelt Inc. has developed its new property management and brokerage arm. It will be headed by our newest team member Evan Rock. Evan brings years of experience working with the prestigious DC Commercial.

Evan's first task is to lease a newly acquired property at 5545 Reseda Boulevard in Tarzana, CA. This restaurant is approximately 7,400 square feet. Location is extremely important for any restaurant and we believe this location is tops. It is located conveniently right off of the 101 freeway and close to the main artery of the valley Ventura Blvd.

Evan has already drummed up a number of potential tenants including many national restaurant chains. We will be negotiating the best deal possible for the property's owners.

We hope to have this space leased within the next 5-10 weeks. We had to go to the city to get the blueprints to show prospective tenants because most will require a full build out for their venture. This can be quite costly and involve the owners spending a lot in TI's (tenant improvements).

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