March 22, 2016
Newmark Grubb Knight Frank (NGKF) completed a new single-tenant lease with Phenix Salon Suites, a fast growing, Colorado Springs, CO-based ‘Salon Suites’ concept in Santa Ana.
The 15-year lease at 1975 E 17th St. is valued at $3.76 million, and totals 7,000 square feet. The grand opening is planned in September for the salon franchise that currently has more than 200 locations nationwide.
NGKF’s Randee Stratton completed the lease on behalf of Phenix Salon Suites. The landlord is an entity of Red Mountain Retail Group.