Commercial Real Estate for Lease

Check out this new office space for lease in Downtown LA's South Park District, right on the border of the Fashion District on the corner of Hill Street and Pico Boulevard. This space is clean, nice, and importantly, affordable! Building has central HVAC along with your own private entrance and 24 hour access! Space is only $1 per square foot and is minutes away from central Downtown LA with all the amenities one could want. This area is at the intersection of development and like most of Downtown is slowly, or quickly depending on relativity ;p, changing with improvements. The space has a large reception area, an office space which could easily be a conference room, another small office, and a big open area that the previous tenant used for warehouse space. Space also has it's own entrance from the street. Stair access, no elevator. Interestingly, this intersection on Hill Street and Pico Boulevard has an aggregation of watch/clock shops. Anyway, where else are you going to find $1psf with central a/c and 24 hour access in Downtown Los Angeles other than with dtlarealestate.com! Thanks for reading and if you know someone looking for space have them give us a call!

Well it's been a year since I've posted about this building, and lucky for you the existing tenant is moving out of the front side, third floor space! The space is around 3500 gross square feet, and perhaps you remember the epic photos I took of it before it was sub-divided. Huge bowed wood truss ceiling with insulation and raw wood, along with raw brick wall, and high-end faux wood flooring. The space has a private bathroom with shower and there is also a kitchenette, and wait for it, there's also central heat/ac along with your own private thermostat. The space is located on Main Street near Pico Boulevard in Downtown LA's Fashion District. This is an ideal space for any sort of Fashion Company looking to have a high-end creative presentation to their business. Space like this doesn't come along frequently so here's your chance to seize an opportunity if you're looking for creative commercial real estate in Downtown Los Angeles. The building also has 24 hour access and security cameras in the common areas. The front door has been replaced with a luxurious looking metal and glass design, and comes with an intercom where you can buzz guests in. If you recall, this building actually burnt down a few years ago, and they completely rebuilt it but kept the exterior walls! So, you'll basically be the second tenant to occupy the space since it was built! For more questions and touring info give us a call here at DTLA Real Estate, our commercial real estate broker is standing by. Thanks for reading our blog!

So basically I've been trying to get this listing for a year. It's a long story, not one of the likes that would excite you, so I'll leave it out. But with some very random very lucky chance, here it is! This building is a four story building built in 1907 on Olive Street between 6th Street and 7th Street in Downtown LA's Jewelry District. Like many buildings of its time, this building is built out of raw wood and raw brick, and luckily for us that's a style that's really desirable in Downtown Los Angeles right now. I don't know exactly how big each floor is, but it is around 6000 square feet. The third floor is occupied by the owner's company, a jewelry business. But at this moment, the second and fourth floor are completely empty! So the retail space on this building has had a sign that says "Office Space for Lease" on it forever, and it isn't obvious that the retail space is available because it's not an all glass store front. But there's a "Retail Space for Lease" sign on it now, by the likes of yours truly. Apparently the retail space was a restaurant space a long time ago, and when they vacated the completely gutted the space down to it's bare bones, as you can see from the photos. So, yes, you'll have to use your imagination with this space! I believe it would be great for a restaurant space for lease because one of such seems like a good addtion to the mix of the current tenants which are a cafe and a liquor store. Additionally, there is an Italian Restaurant space behind the building that is also part of this property, which is another unique thing about the building. The existing restaurant is basically hidden and to access it you need to walk past through the lobby to this discrete hallway! As for the creative office space available upstairs, what makes it unique is the classy historic feel. I could see a progressive law firm occupying the space. Again, raw brick walls, exposed flat ceilings, and the units currently have old drabby carpeting that can be removed to expose the original raw wood floor, which can be sanded and refinished for the tenants. The building does indeed have a passenger elevator and the stairwell to the upper floors has a beautiful glass enclosure that reveals the wooden stair case and raw brick wall from the interior. There's space available ranging from 300sf to about 6000sf. It's currently being listed at $2 per square foot with move in specials! For more info and touring information see the link-tabs above or just call the phone number on the headline of this page! This has been another blog report on Downtown LA commercial real estate, by broker Donegan McCuaig. Thanks for reading!

The South Park District is an exciting area to be involved in, in Downtown Los Angeles, because like other areas it is an area bubbling with change and growth. I recently have been attending the South Park BID (business improvement district) meetings to get more involved in the community, activities, and improvements occurring in the neighborhood. South Park is an interesting beast because it has such contrasting street types. For instance, on Grand Avenue with Evo, Luma, and condo buildings are there and other active streets such as Figueroa, Flower Street, and Hope Street the retail has lots of residential foot traffic and members of the greater Downtown LA community visiting amenities there. The retail is already there and existing. The thing is that there are more streets than just these popular ones, and like everywhere else in Downtown right now, there's a good amount of retail space available for lease in non-A+ locations. The challenge for tenants that the owners of these currently sub-par locations want high rates because they have been able to command those rates via their commercial and industrial tenants that have been historically prevalent. But tenants who are more retail oriented do not want to be the first to jump in the proverbial cold water. Many potential tenants will say, regarding commercial property for rent in South Park's Downtown Los Angeles, that in three years or so, they'd love to rent space there. The problem is finding those first pioneers on these otherwise non-retail ground floor commercial buildings. Also, a lot of the upstairs office space for lease is under-utilized as well. However, there is hope. With the efforts of commercial real estate brokers like me, the state and local governments, and the South Park District BID; we are sure to see the slow rise of the new age of retail and commercial space in Downtown Los Angeles' South Park which will eventually increase in a snowball like effect. If you want help finding commercial space in DTLA's South Park, give us a call! (213) 304-4727

Expect to get updates about this building! Awesome location on the southern corner of the intersection at Spring Street and 2nd Street. Basically, this building borders Little Tokyo, Historic Core, Civic Center, and Bunker Hill in Downtown LA. This building certainly has an interesting history. It was actually built in 1896 and was originally four stories. As you can see, it's only one story now. At the time when the government was requiring buildings to be seismically reinforced, some owners opted just to get rid of their upper floors and just keep the ground level. I know, crazy, huh? This building looks like only one building but it's actually two buildings made to look like one. And the spaces this building has, particularly the one currently being used as an antique shop, are quite impressive. The space features soaring ceilings that can be brought down to the original wood and brick. The antique shop has two immense sky-lights that flood the space with natural light. Other tenants in the building are Southland Credit Union (which is basically a bank), a publishing company, and a cafe. As it lays out now, there is a small retail space on the 2nd street side, but behind that space is a large area being leased by the bank that they do not use. So the plan would be to lease the retail space and open it up to the back of the space currently being used by the bank, and sub-divide it into one big space approximately 3450 square feet. Sounds a bit complicated, doesn't it? So aside from the antique shop, which is on the Spring Street side of the building, and the retail space I mentioned being partly used by the bank, there is indeed another vacant space. This space features the traditional office style and also has really high ceilings. There is commercial carpeting as well. I believe it was actually a real estate office previously. So, ironically, the spaces with the most "improvements" (one that looks like a bank and one that looks like an office space) will probably be the most difficult to rent. But this is one thing I love about commercial real estate in Downtown Los Angeles. Makes my job interesting and gives me the opportunity to be creative and think outside the box. I can help a business be successful at a new location and I can help make the owner's investment property produce a greater return. In the end, everyone benefits. For more commercial real estate in Downtown LA and to rent creative office space, ground floor retail, or warehouse space call me, Donegan McCuaig, at (213) 304-4727!

Check out this ground floor retail space in the Corporation Building! This entire building was sewing related but the building was recently sold and the new developer kicked all the sewing tenants out to make way for creative companies and retailing serving Downtown LA's growing residential population. So behold, a bare blank retail space with tons of creative office space upstairs in this 13 story edifice! Located on the border of the Fashion/Garment District and the Historic Core, this ground floor retail space would be a great location for a restaurant, bar, cafe, or store in Downtown Los Angeles. Located on Spring Street (arguably the best street in Downtown LA, at the very least the best in the Historic Core), this building is between 7th Street and 8th Street. Rumor has it that a fancy French restaurant is going in next door and across the street there will probably be a Walgreens/CVS/Rite Aid type of store. This space is around 5000sf and the owner is asking $3 per square foot. Space features soaring ceilings and excellent wide open, flowing space. For more commercial real estate for lease/rent or to see this space call Donegan McCuaig at (213) 304-4727 with DTLA Real Estate www.dtlarealestate.com Lic#01753250

DTLA Real Estate offers commercial real estate services to lessors, lessees, buyers, and sellers. We are a unique real estate firm in Downtown LA because we specialize in servicing creative clientele. We know that no client is the same, but everyone would prefer an inspirational work space. We try to see your goal and make that our goal. Of course, your goals need to be realistic, and we help you with that too by virtue of informing you about the current market. We are happy to give free information out to anyone who calls us. We strive to find a win-win in every agreement we make. Building and keeping long term business relationships is extremely important to us, so you can be confident what we say to you is not anything to make a quick buck. We know that you will eventually need commercial real estate services again, and we want you to think of us when you do. If you're looking for a commercial real estate broker/agent in Downtown Los Angeles, you have come to the right place. We service all of Downtown including the Historic Core/Old Bank District/Jewelry District, Fashion District, Toy District, Bunker Hill, Civic Center, Arts District, and South Park. If you would like help making an intelligent decision when it comes to renting/leasing or buying/selling a space you can come to us. Thanks for reading our blog. Call us at (213) 304-4727 now! Lic#01753250

Broadway Arts Tower Creative Office Building before Renovation The same person who brought you Spring Arts Tower will be bringing you this Broadway building... which will likely be called Broadway Arts Tower. After months and months and MONTHS and months of work this building is slowly coming along. It will be getting a complete face-lift, so it will be dramatically improved from what you see here. Also, the inside has been demoed and is in the process of an incredible and ambitious renovation. It's impossible to describe in words how bad the inside of this building was before it was purchased. It looked as if God himself had forgotten about it and hell had reigned for what seems to have been a good portion of an eternity. Luckily, there has been and is a light at the end of the tunnel, and that light my friends, is amazing. This building has a 40 foot back lobby entrance that will be breath taking to people who first see it. It will feature a beautiful custom chandelier along with custom wood work. The entire inside of this space has been brought down to the raw wood and every original feature has been painstakingly undertook to keep its original integrity. There is raw wood in this building, more raw wood, more raw wood, and MORE RAW WOOD. Spaces are accented by raw brick and will feature lots of glass enclosures to keep the open feel. This space will be something never seen before and stay tuned for updates. New photos will be here in the future once the renovation is completed. Broadway is indeed coming back, and Downtown Los Angeles will be all the better for it. Thanks for following our commercial real estate blog.

Newly Available at Spring Arts Tower Creative Office Space Building There are so many cool things about the Spring Arts Tower. I hesitate to say "cool" because that nomenclature just don't capture what I really mean. It only gets close to it. You have The Last Book Store on the ground floor which is an awe inspiring used book mecca along with an artist collective on the second floor mezzanine. You can take a break from working upstairs and walk around inside and experience a mysterious epistemic energy from all the knowledge floating around. There's places to sit and relax and take in the atmosphere. Secondly, the bar/lounge, The Crocker Club, is located in the basement of the building. The Spring Arts Tower use to be home to the Crocker Bank so what these savvy designers did was keep the vault and created a stylistic night club out of it. You have to see it to know what I'm talking about. Third, the building has Cafe 9 on the 9th floor. This little cafe serves delicious and healthy food and beverages for a very affordable price. They serve breakfast and lunch, and they also deliver. Additionally, they have new items on the menu weekly, so you'll never get tired of what they serve! The creative office space is better than all of the above. Affordable space with exposed ceilings, polished cement flooring, 24 hour access, 24 hour security guard, and outstanding location on gallery row! The building, with all these features, seen above, make this property incomparable. Other buildings with creative office space in Downtown Los Angeles certainly have their work cut out for them. Check out these photos of this space on the 4th floor. It has two private offices and glass dividers. Rent it now before someone else does! 1616 gross square feet! Small office space units are available too! Thanks for reading our commercial real estate blog! (213) 304-4727 www.dtlarealestate.com Lic#01753250 Newly Available at Spring Arts Tower Creative Office Space Building Newly Available at Spring Arts Tower Creative Office Space Building

I did a post about 1320 South Main Street before. The building had burned down and was owned by the bank before the current owner purchased it. What happened was, when the insurance company rebuilt the space, they just made the second and third floor huge 6300SF spaces. There were no flooring, and no walls subdividing the space. The third floor came first. Due to the current market conditions renting a 6300SF space at a premium is hard to do. It's much easier to rent smaller spaces. In fact, the smaller they are the more quickly they get rented, in Downtown LA least. So the third floor is this epic space with bowed wood truss ceiling and raw brick walls. It made peoples' mouths drop when they came in. It's amazing how I still get calls for this space, but I finally took the photos down off our web-site even though the spaces were no longer listed on Craig's List. So anyway. The third floor subdivided in a flash and rented quickly. Onto the second floor. The second floor was one huge weird blue commercial carpeted class-b office space. It's hard to imagine someone needing that much open space. Alas, the sub-division was made into two 3150 gross square foot spaces. Low and behold, the flooring was also changed into a beautiful faux wood aesthetic work. Kitchenettes were added in each one. Video surveillance in the common areas was installed. Central air conditioning and heating was installed. Private bathrooms in each unit were created. The space now looks more like a creative office space than it does anything else, and that's a good thing. The ceilings are around 10 feet high, and they don't have the dropped ceilings that you typically see with class-b office space in Downtown Los Angeles. You're not going to find cleaner space with all these practical features at a better price per square foot than this in Downtown's Fashion/Garment District. You can see from the photos for yourself that this is an awesome space. I think I have the front half rented already to an artist. For more information regarding this space call (213) 304-4727 or visit the links above here at www.dtlarealestate.com For more commercial real estate in Downtown Los Angeles, from our glorious tiny little company/brokerage, DTLA Real Estate.

Normally when you hear "Medallion" you think about the apartment building on 4th and Main Street. As many know, there's ground floor retail space on 4th Street, Main Street, and Los Angeles Street; but behind all that are about 200 small commercial spaces! The building was completed circa 2009 and has since then had its residential units fill up quickly. If you're looking to rent/lease ground floor retail in Downtown Los Angeles, it doesn't get any cheaper than this. Some of the units are as low as $700 monthly, for the upstairs units. The building takes up nearly a city block and is located on the border of the Historic Core and Toy District in Downtown. Aside from ground floor, there's several floors available upstairs (or via elevator). This building also has it's own dedicated parking structure so that's a plus compared to a lot of other creative space buildings in Downtown, which are mostly very old and not built in a time where it was common to have dedicated parking space underground or on the roof. The spaces also have central air conditioning, which is awesome! Apparently, commercial tenants get access to the roof-top pool as well, need that confirmed. The spaces run about $2.50psf, more or less. Typically, the bigger the space, the better the price per square foot you get. Come check out these spaces! Call Donegan McCuaig with DTLA Real Estate at (213) 304-4727 now! And visit wwww.dtlarealestate.com for help leasing/renting or buying/selling commercial & industrial real estate space in Downtown LA!

Creative Office Space Rent Rates Will Rise in Downtown LA One of the most important things to think about when renting or leasing a commercial space anywhere, not just in Downtown LA, is to have a prediction of what rent rates will do in the future. This prediction should be based on true information taken from a wide base/sample to ensure that the depiction it creates is generally representative of the market overall. This prediction should be used to forecast whether rent rates for the potential space for one's business will go down or up in the future. With this information, one is able to plan and minimize one's business' future over-head cost with the hope and intention to earn overall greater profits in the long run through rent savings. How can someone today do exactly this effectively? When it comes to Downtown LA commercial real estate rates, three things to keep in mind are the growing numbers in the residential population in Downtown, the conversion of industrial buildings with sewing tenants into residential lofts in Downtown, and the growing popularity of creative space. For the Downtown LA commercial rental market, one special piece of information is very influential, and that's what the residential movement is doing. The residential bubble burst in 2006/2007 and the economy was in steep decline. At this time the residential market was rich with bank owned foreclosures and short-sale listings. Commercial building owners were basically killing themselves from stress over their financial losses as they saw their equity plummet. But surprisingly, at the same time, overall demand for residential housing in Downtown Los Angeles was beginning to snowball. And it's still growing. The effect of this growth is that the real estate market overall is benefiting. Growing residential life means a growing business economy. Products and services offered to the residential population are experiencing the benefits. The growing business economy results in stimulating the commercial real estate market in Downtown. With more people living in Downtown comes more people working in Downtown. Also, recently, public perception of the general economy is improving, which is a nice change from the economic pessimism that has been so ubiquitous in the last few years. Downtown has become the "popular" and "new cool place" to be in Los Angeles. With growing popularity comes increased demand, with increased demand for a particular location, property rent rates in that locations go up. The second phenomena occurring that one should consider when predicting future commercial rent rates in Downtown relates to the first. With the increase in residential demand, commercial & industrial buildings are kicking out all their tenants to be converted into residential lofts. For instance, many owners of industrial buildings with sewing tenants have kicked all their sewing tenants out in order to renovate their buildings and convert them into residential lofts. All these kicked-out commercial tenants have been absorbing the previously large vacancy in raw commercial and industrial space. As a result, sewing space rent rates have reached a new high and it's harder than before to get sewing space and industrial space in Downtown in general. This scarcity is creating increased commercial rent rates. And since raw commercial and creative space that sewing tenants use makes some of the best creative office space, these sewing tenants have to compete with the influx of artists, photographers, designers, and other creative types to get into this space. This increased scarcity of creative space creates increased rent rates. A third reason creative office rent rates will rise is that traditional office space is becoming less and less popular with regard to aesthetic look as well as layout & orientation. Traditional office space is perceived as constrained by an antiquated style and a less collaborative platform from which to work. As a result, the perception of value of traditional office space is becoming diminished. The overall rigidity of what the traditional dropped ceilings and commercial carpeting represents to many people is exactly what they do not want: a stigma of constraint and inability to allow for the new and random that out-lies traditional expectation of the past. It's important to note that I may be biased because most of my clients are creative types and not lawyers or accountants. But I have rented creative office space to some lawyers and accountants. A growing trend is a more open, collaborative, and engaging layout. Many tenants are seeking not only a place to work but a social mechanism for improving their business through networking and sharing. The age of the cubicle isn't nor will be extinct, but there are becoming less members of that species as creative and historic buildings are made available to today's tenants. This rise of popularity of creative collaborative space and decline of traditional office space indeed indicates that rent rates of creative office space will continue to increase. So yes, the growth in residential population in Downtown, the fact that raw commercial and industrial buildings are being converted into residential space, and the diminishing popularity of traditional office style and orientation are very crucial elements of predicting what the future holds for creative office and commercial real estate in Downtown Los Angeles. All of this indicates that rent rates will increase, so get into a long term lease now while the moment is right. Creative Office Space Rent Rates Will Rise in Downtown LA Creative Office Space Rent Rates Will Rise in Downtown LA All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

Office Space for Lease/Rent at the US Bank Tower Call it what you will; class-a office, luxury office, executive office, or high-end office; it's all the same. The US Bank Tower, one of the most strikingly recognizable pieces of architecture in Los Angeles, and quite possibly, the world, was recently purchased by a Singaporean company for 367.5 million dollars (according to the LA Times). It was previously owned by MPG Office Trust, a big player in commercial office space in Downtown Los Angeles, which also owns other sky-scrapers located in the Bunker Hill area. The building is seventy-three floors, according to Wikipedia, two of which are underground. The building's construction was completed in 1989, also according to Wikipedia. There are a lot of factors which make the US Bank Tower a unique building to rent/lease office space in. First and foremost, as mentioned before, its' fame and icon-stature juxtaposes a prestige and impressiveness to any company renting space inside it. Secondly, it's cornered geometrical circular shape (see floor plan of US Bank Tower below) set it apart from other Downtown LA office buildings. It's a pro and a con actually, because it affords a special character to the spaces inside but also can make it less practical for positioning office furniture and working stations. Third, to the world, the building is representative of the United States as a fixture of liberty and power, making it to what some would call a "target" for enemies of the United States. Personally, I think the third is a silly thing to worry or even think about. The building is so extremely well secured that someone would be foolish to even think about someone even considering making it a target. It's even ridiculous to talk about. Anyway, next subject. The building has an amazing lobby that features tons of glass that allows it to be flooded with natural light. The lobby has rotating glass doors and a extremely beautiful mural of the historical figure from which Los Angeles originally derived its' name. The space for lease that is available is on the 26th and 28th floors. There is a reception area on each floor with a receptionist, small/medium/large conference rooms, a lunch/break area, a common filing cabinet storage area, and offices on the interior and offices on the exterior which of course, have windows and epic views of Downtown Los Angeles. For this deal, all utilities are included along with janitorial services as well. The building has subterranean parking, for an additional daily or monthly fee, along with lots nearby that offer more affordable parking rates. The building has 24 hour access, along with 24 hour security and video surveillance. If you want to make a statement, the US Bank Tower should be your choice if you're looking to rent class-a office space in Downtown Los Angeles. For more information about leasing/renting the US Bank Tower and other commercial real estate information in Downtown LA, call DTLA Real Estate at (213) 304-4727 now!

Creative Office Space at the Pershing Square Building Ask DTLA brokers the names of four creative office buildings in Downtown LA and on that list will surely be, The Pershing Square Building. The management recently raised the rates from $1.90 per square foot to $2.10. This building, which is usually close to full occupancy, offers a lot of what you come to expect when you see creative office buildings: polished cement flooring, exposed ceilings, cement, beams, and lots of natural light. The raw quality of this type of space is usually what draws the desirability in office tenants. I've had people walk into traditional office buildings in Downtown Los Angeles and they see the blue commercial carpeting, low dropped ceilings, fluorescent lighting with tray and plastic panels, and bland contours of design and they respond, "I hate this." Well, that's kind of good news to me because I specialize in creative office. But as luck would have it, this type of space is being quickly absorbed in Downtown LA. For instance, the Spring Arts Tower is nearly at 100% occupancy. Buildings with the smaller spaces are positioned the best to absorb the demand of tenants. Because tenants seeking space under $1000 monthly rent rate are much more numerous than those seeking space under $2000 monthly. Even more so, tenants looking to pay $500 or less lead the pack. With all this said, the Pershing Square has some striking advantages which have come to be the reason people love it. First and foremost, probably, the restaurant/bar on the roof of the building dazzles spectators that make their first steps onto its floors. With stunning skyline views and a design that seems to reflect the glorious days of the 1920's mixed with a modern quality create an experience that epitomizes Downtown Los Angeles night life. So if you are a happy hour lover, you couldn't be more happy than you would be here at the Pershing Square Building. Though I cannot speak to the drink prices, only the ambiance. What else. This building is unique out of a lot of DTLA creative buildings because the units have central heating and air conditioning. The tenants enjoy 24 hour access to the space. There is a security guard in the lobby 24/7 and they have video surveillance in the common areas. On the up-side, the management is willing to improve the space to meet your needs by designing and building innovative-looking partitions along with other things you might want to do to make the space meet your needs. On the down-side, to do this, they require a two year lease if you want them to pay for improvements. To me, this isn't even a down-side, because tenants should be committed to their business' success and that they will push on despite whatever circumstances their business encounters through its operations in the long or short term. Also, I think rent rates will go up in the future so it wouldn't be a bad thing to secure the rate they have now for the long term. Last but not least, the ground floor has a prime space for lease. This location, being on the border of Bunker Hill and the Historic Core, is a sweet spot for retail commerce. I believe you could actually rent/lease the retail space for a restaurant of bar, provided you are able to get the necessary permits and negotiate a build out. Tenants on the ground floor right now include Subway, and I can't remember the others at the moment. One other thing I need to mention is that the office spaces upstairs share a common bathroom on each floor. And tenants have full access to a game room they have on the third floor. The spaces also have all utilities included in the rent rate. The building does not have on-site parking but there's lots where you can park for a daily or monthly fee very close by. Thanks for reading! For more leasing/rent info on this building and other buildings in Downtown LA, call me at (213) 304-4727 and visit www.dtlarealestate.com All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

I don't know what to call this building's exterior design. It's difficult to describe. It's like ancient but robotic, which come to think about it, is really cool! This building has been totally gutted on the inside, brought down to the most raw of states, and is actually totally empty at the moment. The ground floor has ceilings so high that looking up might make you dizzy. It is cement style warehouse space with rectangular/square-like columns instead of the circular ones you'd see in older cement style warehouse buildings. The ground floor space is actually available for lease/rent as a prime retail location in Downtown Los Angeles. Would be an awesome location for a large restaurant or department store. There are about 20 brokers already vying to rent this ground floor space, which is around 7500SF. The location, being on Broadway between 5th and 6th streets, make it a little diamond in the rough. Seems to me that leasing any retail space in Downtown LA right now would be a good idea in the long term, because I can only imagine the spaces getting more expensive soon. Although, there is sort of a surplus you could say of retail space for rent/lease in Downtown LA now, I see that space being absorbed rather quickly in the next couple of years as things improve economically and infrastructurally and as the residential population continues to grow. If you are looking to rent a restaurant space in Downtown LA, now would be the time to do it. There is plenty of ground floor retail space in Downtown Los Angeles that would potentially be good for bars, restaurants, and cafes if you're willing to commit to a long term lease as the environment positively develops. This building, of course, has an upstairs. It's the same style as ground floor but with ceilings that aren't quite as high. The building is a total of six stories and the first four stories are all 7500SF and the upper two are 2500SF each. The spaces upstairs, since it is zoned as commercial real estate, would be ideal for creative office. The building also has a design proposal to turn it into residential units, but nothing has been decided officially yet, as far as I know. Last but not least, the building is also for sale! The price is negotiable. Call for details. For more commercial real estate space for sale/purchase or renting/leasing in Downtown Los Angeles, or to tour this building, fill out the form on the left or just call (213) 304-4727 now. Broadway w/ Ground Floor Retail & Creative Office for Rent/Lease All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

Spring Arcade Building Retail for Lease The Spring Arcade Building is one of the historic gems of Downtown LA. This building takes up the space between the two streets, Broadway and Spring Street. This building has apartments upstairs, retail on the ground floor, and along the inside there is an open-air mall with huge walkway running from Broadway to Spring Street. Historically this building, Broadway, and Spring street have been home to bargain retailers and whole-sellers offering cheap deals on every day products. Back in the day, Broadway was like the 99 Cent Store of Los Angeles. Well, that is no more. Due, most likely, to the residential explosion in Downtown LA in the last ten years this area has become home to one of the most popular, if not the most popular, place(s) for young professionals in Downtown Los Angeles. There are three SB lofts buildings on the intersection of which the Spring Arcade Building lies, 6th Street and Spring Street. Not only that but just last year a Starbucks opened up and replaced an electronics bargain retailer in the ground floor corner space of Hotel Hayward, also on Spring Street and 6th Street. Before that other retailers have been popping up like crazy in this area. The cafe and bar scene are quite possibly the most noticeable momentous real estate entities. Spring for Coffee is across the intersection from Starbucks. Coffee Bar, a high end coffee boutique, recently shut down not long after Starbucks arrived across the street; and is now in the works to be changing over to a restaurant and bar. Right next store to what was once Coffee Bar is Spring Street Bar and The Falls Bar, two local-laden watering holes in this epicenter of gentrification. Not only retail but creative office buildings in the area like Spring Arts Tower, located on 6th and Spring Street, have recently achieved 100% occupancy. Additionally, a new creative office building called the Corporation Building (formally known as Spring Tower?) recently completed renovation on a couple floors and is in the process of filling up as you read this article. With the surge of residential and retail in the area it's curious to point out the high number of vacancies in the open-air space of the Spring Arcade Building. Though, the four corner anchor tenants, two on Broadway and two on Spring Street are leading the way by becoming home to a Famima (they moved in a while ago) and new to arrive will be a Mexican Restaurant and a new cafe (both on Spring Street). A Crepe Store will soon open inside the open-air walkway mall but again, there is A LOT of other vacant retail spaces currently available. On top of that all the units will have new HVAC units and the common central walk-way was re-floored last year with very large beautiful tile. These spaces are either approx 500SF or 850SF and they go for $2.50 per gross square foot. So respectively that makes them $1250 monthly or $2125 monthly. Minimal five year leases. Also, some of these units are contiguous so if you're looking for a bigger space you can rent two or three side-by-side each other. You should cash in on this now while you still can because this space will not get any cheaper and the area is continuing to improve! From my humble opinion, one of the reasons that there is a large vacancy for the retailer is that locals aren't really educated to walk through open-air walkway leading from Broadway to Spring and Spring to Broadway. Ridiculous amounts of people walk by the entrances, but few people walk through from one side to the other. Of course, with more retailers they'll have a better reason to do so, but for lack of a better metaphor, you need to first lead a horse to water if you want to get the chance to try to get it to drink. Also, the building hosts two, to what I estimate to be, a 60 foot by 20 foot banner advertising the apartments upstairs (on both Spring Street and Broadway) but the signs say nothing about the ground floor retail available downstairs. Last I heard the loft apartments upstairs are 100% occupied. Seems like some replacing the "lofts available" signage with "retail available" signage would definitely do this building good... if only Mr. Helen, the owner, would let it be DTLA Real Estate's Leasing Sign ;) Whatever the case, the higher number of vacancies is a huge reason for you to capitalize on the current rent rates and open the store you've always dreamed about. I am here to help you fulfill that dream. For leasing information for retail space available at the Spring Arcade Building in the glorious city of Downtown Los Angeles, call me, Donegan McCuaig for a tour at (213) 304-4727. May the real estate gods be with you.

Quite possibly one of the most impressive architectural designs in all of Downtown, this building boasts a powerful impression that is difficult to describe. See this space to believe! Gorgeous lobby with SOARING CEILINGS. There is 24 HOUR SECURITY GUARD along with VIDEO SURVEILLANCE in some common areas. All utilities are included in your rent so you don't pay electricity, water, sewage, or trash. This building has 24 HOUR ACCESS for those long nights when you need to pound out an important project. ASK ABOUT MOVE-IN SPECIALS. This space is on the 36TH FLOOR and offers STUNNING VIEWS. There is a CONFERENCE ROOM where you can meet and interact with your clients and associates. Along with LUNCH/BREAK area complete with coffee and other beverages. Included in your rent, is a RECEPTIONIST to professionally field your incoming calls. So much more here that seeing in person is incomparable! There is SUBTERRANEAN PARKING which you can park at for a monthly fee along with other lots close by. For additional leasing rental information about the Paul Hastings Building in Downtown Los Angeles, 515 S. Flower, visit www.dtlarealestate.com Showings by APPOINTMENT ONLY. Call Donegan at (213) 304-4727 now! Leasing Information for Paul Hastings Building All DTLA Condos For Sale DTLA Live/Work Lofts for Sale  

Awesome executive office space in DTLA's first sky-scraper, and quite possibly still the best. This building has HIGH END PROFESSIONAL SPACE available. Tons of common area available to you in your rent rate! GORGEOUS LOBBY with 24 HR ON-SITE SECURITY GUARD along with 24 HOUR VIDEO SURVEILLANCE in some common areas. Impress your associates and clients with this space. STUNNING CITY VIEW from the 27TH FLOOR. Floor office all the services you will come to expect, and redefine the standard of office work. ALL UTILITIES INCLUDED so you don't pay electricity, water, sewage, or trash. RECEPTIONIST is here for you and included in your rent rate to professionally field your incoming calls. There is a CONFERENCE ROOM where you, your clients, and associates can meet. LUNCH/BREAK area included along with beverage services (for additional charge). Building has 24 HOUR ACCESS. So much more! There is SUBTERRANEAN PARKING available for a monthly fee, along with VALET PARKING for an additional fee. Showings by APPOINTMENT ONLY. If you're looking to rent executive office space in Downtown LA you have come to the right place. It's just a phone call away. Call Donegan at (213) 304-4727 now! Visit www.dtlarealestate.com Office Space for Rent/Lease at the Union Bank Building Office Space for Rent/Lease at the Union Bank Building All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

If you're looking for a nice office space in Downtown Los Angeles, but don't want to pay Bunker Hill rates, this is an outstanding alternative. This building is basically located on the border of Bunker Hill and the Historic Core, and it is arguably a better location... if you like the Historic Core better, like I do! This building is also part of the Jewelry District so if you're business is related to jewelry you might as well stop what you're doing and rent here now. Ten story building located on the corner of 7th and Olive, which is by many outstanding well-known DTLA hot spots such as Bottega Louis and Seven Grand Whiskey Bar. This building of course has on-site management, maintenance, and 24 hour security guard along with 24 hour video surveillance in the common areas. This building is in the process of experiencing tons of upgrades, including a ground floor exterior face-lift. The lobby will also be completely remodeled along with the elevator interiors. In addition to that, all the floors' elevator entrance ways have been remodeled and upgraded with really nice tile. The bathrooms on every floor have also been totally remodeled. There's a variety of spaces available for lease at the moment starting from 158sf-2165sf, $400-$3300 monthly rent rates, respectively. A picture is worth a thousand words so you can see from the photos what to expect from this great Jewelry District Building. Another interesting component of this building is the 10th floor, penthouse, photography studio which is just amazing! I have never seen a studio nearly as brilliant and impressive than this one! You can see from the photos what I mean. The design is just spectacular, for lack of a better word, and has huge sky-lights! Last but not least, I forgot to mention that all the units in this building are air conditioned and come with all utilities included!! Of course, with all our spaces, it is a minimal one year lease. Fill out the form to the left or call Donegan at (213) 304-4727 now for details!

Came across this awesome building driving around aimlessly looking for industrial space. And boy, is this industrial. Awesome ceiling height... can you say "16 FOOT CEILINGS?" Yes, 16 foot ceilings. Cement flooring. This jewel, like many spaces of the same type, has the windows painted over. Yes, it gets warm in the summers, but cut out the natural light? Please. Nevertheless, behold, cement style industrial space. Get this, this space is on the ground floor, yes GROUND FLOOR! It's rare to find industrial space like this with 24 hour access, ground floor, and with this ceiling height. You find something like this, rent it. Actually, just rent this one. Space has metal roll-up doors which make one capable of driving a car inside. Excited to bring this building to you and even more excited to get this new addition to the DTLA Real Estate family. Like always, minimal one year lease. All the utilities are included. I'll be sure to let you know as soon as new space comes available here. I look forward to experiencing more space in the glorious city of Vernon, and if you're with me, you will too. Until next time!

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!