CORONA, CA-Argent Retail Advisors of Dana Point, CA has landedthe leasing assignments for approximately 800,000 square feet ofretail space at Corona Hills Marketplace and Corona Hills Plaza,along with assignments for other Southern California retail sites.The two new Corona listings are both owned by Kimco, bringing to1.2 million square feet the total of space that Argent leases forKimco.

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Argent founder Terry Bortnick tells GlobeSt.com that the companyalso has landed an assignment from CIM for the leasing of theretail component of CIM's Downtown Anaheim project, which is amixed use development of approximately 525,000 square feet. Inaddition, the company is opening a new office in West Covina toservice the San Gabriel Valley and the 605 Corridor, where it hasnew listings in Monrovia, Arcadia, Baldwin Park, Glendora, Covina,West Covina, Artesia and Norwalk. Other new work includes MilanCapital Management's awarding of Argent the retail leasing of theirits owned and managed retail portfolio of shopping centers inFontana, Laguna Hills, Mission Viejo, Glendora, Anaheim and LakeForest.

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Corona Hills Plaza is a 534,000-square-foot power centeranchored by Costco, Home Depot, Ross Dress For Less, Office Max,Big 5 Sporting Goods, Buy-Rite and Claim Jumper. Other anchortenants at the intersection include Wal-Mart, Von’s, Pet Smart,Jo-Ann Fabrics.

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Corona Hills Marketplace is a 270,000-square-foot CommunityCenter anchored by Wal-Mart (NAP), Vons, Petsmart and Anna’sLinens. Other anchor tenants at the intersection include Costco,Home Depot, Ross Dress For Less, Office Max, Big 5 Sporting Goods,Buy-Rite, Claim Jumper and Jo-Ann Fabrics.

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AJ Wright and UFC Gym locations are coming soon to both of thecenters. Both of the centers also include a host of supportingtenants that are nationally recognized brands.

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Bortnick observes that Argent's new listings come at a timewhen, on the retail scene today, “We’re in a very strange marketright now, almost manic-depressive, where the fear/optimism balanceshifts often for retailers and consumers alike.” He adds that,“With the exception of the discounters and deep discounters,national retailers have been mostly on the sidelines for the lasttwo years. The majority of retail leases we have signed this yearhave been with local retail chains/multi-unit operators, as opposedto large national chains or first-time owners.”

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One of the drivers of retail today is that consumers remainstrapped for cash in today's economy, Bortnick says. "The trend wesee is that consumers are still reluctant to spend freely, but theyare to spending money on goods and services that benefit theirhealth, their children, their pets and on value priced day-to-daynecessities,” he says.

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