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BREA, CA-The 7-Eleven convenience store chain has renewed the lease on its Southwest Division offices, trimming down by about 5,000 sf to a total of 25,610 sf, according to Grubb & Ellis Co.

Lonnie Riddle of the Grubb & Ellis Anaheim office tells GlobeSt.com that the Dallas-based company signed for six years in a $2.6-million deal at 330 E. Lambert Rd. with building owner, Brea Metro LLC of Newport Beach. Riddle represented the convenience store chain, with Brea Metro representing itself.

The new 7-Eleven lease begins right after the existing, five-year lease expires at the end of May, Riddle says. The offices of the convenience store chain are part of a 44,000-sf, two-story, multi-tenant office building that was constructed in the 1980s as a bank headquarters.

The office lease in Brea is one of a number of real estate transactions in Southern California recently by 7-Eleven, which signed a $3-million lease late last year for 22,355 sf of land at the southwest corner at Alondra Boulevard and Studebaker Avenue in Norwalk, where it will open a new convenience store due to be completed this year. The convenience store chain also is negotiating additional land leases for new convenience store and gas station combinations in Los Angeles and Orange counties, according to brokers familiar with the 7-Eleven expansion.

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