by Dan Peoples | Nov 19, 2012

June 28, 2012

NEWS FROM:  Parallel Capital Partners, Inc.

FOR INFORMATION: Matt Root, Parallel Capital Partners, 858-882-9506
   Jim Ingebritsen, Parallel Capital Partners, 858-882-9504
   Dan Peoples, Peoples & Company, 858-552-1456

Parallel Capital Partners Renews Creativa Associates in Valencia Corporate Plaza

San Diego, Calif.  Parallel Capital Partners, Inc. has announced that Creativa Associates Financial and Insurance Services, Inc. has renewed its lease for 6,843 square feet of office space in the Valencia Corporate Plaza in Santa Clarita, California, 91355. The new lease term is for 60 months at 28470 Avenue Stanford, one of three buildings in the Plaza project.

Valencia Corporate Plaza consists of three three-story Class "A" office buildings situated on an expansive 13.8-acre site. The buildings feature dramatic two-story entry lobbies and various on-site amenities including a café and gym and nearly 850 parking spaces. The property boasts outstanding regional access through close proximity to Interstate 5 and the Los Angeles basin.

Creativa Associates Financial and Insurance Services provides employee benefits counseling services for corporate health and welfare plans including plan analysis, implementation and management and employee communications programs.
Creativa Associates represented itself in the transaction and Parallel Capital Partners, Inc. also represented itself.

About Parallel Capital Partners, Inc.
Parallel Capital Partners, Inc. ( is a real estate investment and operating firm that focuses on office, industrial and retail property acquisition in markets in the western U.S. and Hawaii. The company identifies opportunities where assets are undervalued and uses restructuring, improvement and superior leasing and management to turn value-added opportunities into core properties.