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Ansoorian and Associates
Public Relations
17615 Kittridge Street
Van Nuys, CA 91406
818-881-1183


TEXACO EXPRESS 'SUPER CENTER' INKS $1.4 MILLION
DEAL FOR NEW SANTA CLARITA FACILITY



SANTA CLARITA, CA -- A new Texaco Express Lube "Super Center" will be built within Raznick & Sons' "Trolley Square" retail complex in Santa Clarita, CA, announces Westcord Commercial Real Estate Services. Joe Lopez, a retail and automotive specialist in the Westlake Village, CA office of Westcord, said Bill Haugh, the franchisee for Texaco Express Lube "Super Center", has signed a 20-year lease for a 2000 sq. ft. building to be erected at 27000 Sierra Highway, Santa Clarita. Haugh is a former "Operator of the Year" for Texaco, Lopez said.

Lopez and Ted Roberts of Westcord represented both the lessee and Double High Financial LLC, the landlord. Lease consideration was $1.4 million.

Construction is scheduled to begin on the new Texaco Express Lube "Super Center" during the first quarter of 2003, with a May, 2003 completion expected.  The Texaco Express Lube "Super Center" is an upgraded version of these facilities featuring extra wide doors and four auto bays.

"Trolley Square" is a master-planned, 12-acre retail, automotive and storage center being developed just west of Interstate 14 in Santa Clarita by Raznick & Sons of Woodland Hills, CA.  The project also includes approximately 200 units of senior citizen apartments which are currently under construction.

Westcord is one of the Los Angeles area's top 25 commercial real estate companies with offices in Westlake Village, CA, and Van Nuys, CA.



10/23/02

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