Commercial Real Estate for Lease

Michael J. Connell was born in Ireland in 1854. He immigrated to the USA as a young man and became successful in several different ventures. At the turn of the twentieth century, he moved to Los Angeles and built the first garment and textile manufacturing buildings, effectively starting the Fashion District. Connell build his first garment and textile buildings in 1911. He continued to build throughout the decade and in 1916 he hired architect Frank Stiff to design several properties, including the building that is now Cornell Lofts. In 1958, the building was upgraded. In 2001, because of their rich history, the Cornell Lofts building along with its neighbors the Eckardt building and the Santee Court building were designated Los Angeles historic monuments. At some point in the mid twentieth century, the Cornell building and its neighbors were bought by businessman Arthur Gerry. He in turn sold the buildings to MJW Investments in 1998. MJW had also acquired four other buildings in the area and all the buildings were converted to lofts. The first lofts began selling in 2004. In 2008, MJW defaulted on a construction loan and the Cornell, Eckhardt and Santee Court buildings ended up in the hands of the Bank of America. In 2010, the investment team of Kennedy Wilson and RECP/Urban Partners bought the unsold units, finished the work that needed to be done, and put the units back on market. If you would like to find out more about these amazing lofts please contact DLTA Real Estate.com!

Whether it be Little Tokyo, Skid Row, the Arts District, the Jewelry District, the Old Bank District, the Historic Core, Chinatown, the Toy District, the South Park District, the Fashion District, the Central Business District, or Bunker Hill we have got you covered for help buying and selling commercial real estate. Do you want to buy or sell an office building, retail building, strip center, shopping center, industrial property building, or warehouse building? Not all Downtown LA Commercial Real Estate Brokers are created equal. My knowledge about the culture and the development trajectory of the market in DTLA, partnered with the experience of my colleagues, is unmatched. Commercial buildings are everywhere in Downtown. Some are way over priced. Some are good deals. The commercial real estate market in Downtown is dynamic. Different future improvements in different areas affect the future value of neighboring buildings. You need an agent or a broker with their ear to the ground and in the know about what's coming and the perceptions of differing neighborhoods. With this information you're more capable of making strategic maneuvers that having a broker not experienced with Downtown LA wouldn't be able to. You know what to do! Call (213) 304-4727 now! Thanks for reading our DTLA commercial real estate blog! lic#01753250

Had an awesome opportunity to tour One Santa Fe today with the listing agent for their retail! This 400+ apartment building isn't even built yet and it seems like most of the retail spaces are already rented, or have offers! They are asking $3 per square foot. This building will transform the Arts District in Downtown Los Angeles by adding hundreds of residents to the community and creating. For tenant representation for this property contact us at the phone number above! Not only that, there's another area of vacant land next to the project on 3rd Street with plans to be developed! Stay tuned for the next update. Give us a call if you're looking for commercial real estate in the Arts District in Downtown Los Angeles!

It's not every day you come across a property like this, 1800 S. Flower street. This building is a god-send to anyone with a medium sized company looking to bring their operations at several locations all under one roof in Downtown LA. The building is a one story entity with roof parking lot that could fit around forty cars, need that confirmed. There is a large reception area at the main entrance of this property with four cubicles. The 11,500 square feet is about half office space and half warehouse space. There are around SEVEN PRIVATE OFFICES along with two large open areas that can fit many MANY cubicles. The property is currently owner occupied and would take around three months to be fully vacated in the event that it is leased. And it is indeed FOR LEASE! There is a conference room as well as a lunch room with kitchenette. The building has three bathrooms. The photos really say it all when it comes to this space. Obviously, the building has 24 hour access. The rent rate was actually just reduced from $14,125 monthly to $12,650 monthly. Not only that, but the lease is no longer triple-net (NNN). All the tenant will pay is rent plus utilities. Lease may entail that tenant needs to purchase additional insurance but taxes and other NNN expenses are being paid for by the owner. See your lease for details and full disclosures. The location of this property is awesome with regard to being near Downtown LA's entertainment district which is home to LA Live, Staples Center, and Regal Cinemas. Also it's incredibly convenient for public transportation being so close to the 10fwy and 110fwy as well as major bus and train routes. Rent this building while you still can! The owner is looking for a minimal three year lease. For more information fill out the form at the left and someone will get back to you!