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What developments do you want in your neighborhood? (Besides Trader Joe’s)
For Sale /M SF /SFLease Type :We at DTLARealEstate.com are always trying to pair great potential tenants with property owners. What developments do you want in your neighborhood? On a regular basis we reach out to businesses both large and small to recruit them into space in Downtown Los Angeles. What we would like do now is hear from you to see which businesses you would like us to contact. We will be posting this blog entry on several DTLA groups and forums and we encourage you in the comments to tell us what you would like to see in Downtown and where. However we do ask that you give suggestion other than Trader Joe's and In n Out. We know you want those and we've already been in contact! Please comment below and help us shape your downtown. What developments do you want in your neighborhood? What developments do you want in your neighborhood? OUR COMMERCIAL LEASE LISTINGS OUR COMMERCIAL SALES LISTINGS We at DTLARealEstate.com are always trying to pair great potential tenants with property owners. On a regular basis we reach out to businesses both large and small to recruit them into space in Downtown Los Angeles. What we would like do now is hear from you to see which businesses you would like us to contact. We will be posting this blog entry on several DTLA groups and forums and we encourage you in the comments to tell us what you would like to see in Downtown and where. However we do ask that you give suggestion other than Trader Joe's and In n Out. We know you want those and we've already been in contact! Please comment below and help us shape your downtown. What developments do you want in your neighborhood? What developments do you want in your neighborhood?
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Retail Space for Lease in Koreatown Los Angeles
For Sale /M SF /SFLease Type :Commercial real estate in Koreatown Los Angeles is an interesting thing because Koreatown is so vibrant and diverse with historic buildings and brand new buildings and little bars, restaurants, and cafe gems that are hiding in every nook and cranny of the city. This building is no exception. Haddon Hall, built in 1926, is an apartment building with retail space now available. This building has a beautiful raw brick facade, and unfortunately the previous owners covered up some of the unique architectural details of the retail. Fortunately, the new owners of this building are moving forward with improvements to bring back the architectural historic design integrity, first of which includes exposing the covered up archway windows. This however, will make coming up with a way for business owners to have visible signage a challenge that will require some creativity, but we here at dtlarealestate.com aren't one to back down from a challenge! In any case, these spaces will not be hard to lease since there are not many small retail spaces for lease available listed at such reasonable prices per square foot. This area is slowly gentrifying, just like Downtown Los Angeles. These retail availabilities are a prime opportunity for a young business to get started and develop into a brand with multiple locations. If you have a retail business with a hip concept that caters to the growing gentrified population of Koreatown, we here at dtlarealestate.com will be happy to schedule a showing with you. For this and more commercial real estate for lease in Koreatown LA give us a call!
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The Perfect Retail Spaces, with Grit
For Sale /M SF /SFLease Type :[caption id="attachment_693" align="aligncenter" width="600"] Retail space for lease now now now![/caption]The Perfect Retail Spaces with Grit The Historic Core will be welcoming a new ground floor tenant to operate out of this famous landmark, The Baltimore Hotel and the King Edward Hotel. But who will it be? These properties recently sold in Downtown LA and are under management by a new company. They are located on the corner of Los Angeles St. and 5th St., this commercial space for lease borders both the Toy District and the Historic Core. Both districts are known for their high-density foot traffic, making it perfect for the right type of tenant! Preferably a tenant who prefers a dash of grit! Across the street, attached to the historic King Edward Hotel, a restaurant space is also for lease, 119 E 5th St. Both Downtown Los Angeles commercial spaces offer an excellent opportunity to get a great deal on a great location by being on a quickly evolving transitioning block. Recognizing that opening up a normal retail establishment on a street that is in the beginning stages of gentrification isn't easy; it’s good to pay attention to the positive changes happening on the block. For example, on the same block as these two commercial listings, Auntie Em’s Kitchenette is quickly becoming a favorite among locals. Started by two successful entrepreneurs, downtown pioneer and owner of Two Bits Market, Brandi Lozano, who partnered with the owner of Eagle Rock’s destination café’ and bakery, Auntie Em’s Kitchen, Terri Wahl. Rumor has it, that the King Eddy Salon has recently been purchased by LA Nightlifer, Jeremy Fall, who is restoring it to its 80’s glory days; a watering hole for DTLA Legend, Charles Bukowski. I would bet on this city block. Both Downtown LA commercial spaces at the King Edward Hotel and the Baltimore Hotel offer many of the great features Los Angeles tenants expect when leasing in the Historic Core; soaring ceilings, great visibility, window frontage, and these spaces also have private bathrooms! If you are looking to lease a downtown LA retail space, this could be the great deal you are looking for. For questions about this space or any other real estate opportunity, contact Donegan McCuaig at the number above. The Perfect Retail Spaces with GritThe Perfect Retail Spaces with Grit All DTLA Condos For Sale DTLA Live/Work Lofts for Sale
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Restaurant Space for Lease in Downtown Los Angeles
For Sale /M SF /SFLease Type :Excellent restaurant space for lease in Little Tokyo! Also have plenty of retail space for lease in DTLA including in the Historic Core, Fashion District, Chinatown, South Park District, and Bunker Hill. This particular space already has the permits ready to go for a restaurant! That's a big deal in Los Angeles, because applying for change of use permits is a nightmare! This space would be excellent for a restaurateur to bring her concept to life in a blossoming shopping center in Downtown Los Angeles. More to come!
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Help Buying & Selling Commercial Real Estate in Downtown Los Angeles
For Sale /M SF /SFLease Type :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
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New Space with NICE VIEW Avail at West Washington Building
For Sale /M SF /SFLease Type :This unit faces north and the building is located just a hair south of the 10 freeway. So as you can imagine, and can see here, it's quite a good place to view DTLA's skyline! And what better time would be better to see it other than while you are working! And hopefully, what you're producing is creative work. And that relates what you are probably here for, does it not? That's right! So not so long story short, this space is 1627sf and the previous tenant was a recording studio. They spent a small fortune designing this space and adding after-market lighting. The huge windows let inn a glorious amount of natural light. At the moment, this space is still available! For details and for commercial real estate for sale in Downtown LA call the number above!
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Commercial Real Estate Rentals in Downtown LA at West Washington
For Sale /M SF /SFLease Type :Check out this space!!! This is one of three spaces that comprise the penthouse floor of the West Washington Building. This is affectionately called PH3. This space has cement flooring, tons of natural light from tons of windows with a cool view of DTLA, hookups for a kitchenette, soaring ceilings, sky light, and mezzanine/loft area! The space is 3992 square feet, including 20% common area. This commercial building has tons of cool warehouse space to be used as creative office space. The building actually sold not too long ago and is under new management and ownership! If you're looking for commercial real estate for sale in Downtown Los Angeles you know who to call! Same goes with help buying commercial property in DTLA. And of course if you want to lease this space the number is above! (213) 304-4727 that is, in case your eyes are tired ;)
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Artist Needed for Creative Office Building’s Lobby
For Sale /M SF /SFLease Type :I can't believe I haven't posted about this building yet! Sorry guys, it's been about a month or two since before my last previous post. But here I am back in action to update you about what's happening with commercial real estate in Downtown LA! So! This building actually changed hands recently. About two months ago, escrow closed and this building is officially under new management and ownership! While dtlarealestate.com was not part of this transaction, it was on our radar as an excellent creative commercial real estate building for sale in DTLA and we're grateful to be a part of the leasing! By the way, this building has cool industrial warehouse space for lease at only $1psf!! Located at 155 West Washington Boulevard, this building is known by most as the West Washington Building. So the lobby, hallways, and common area restrooms were renovated about two years ago or something like that. But as you can see from the photos, there is something lacking in the lobby. A fresh and inspirational creative vibe is needed because, for God's sake, this is a creative office building! I always like to add art to buildings, and it's been fantastically successful at other buildings, most notably the Allied Crafts Building. So the hunt for an artist is on. And despite lengthy procrastination on someone's part, cough, me, cough, it's moving forward. I've received around 15 submissions so far of different artists wanting to bring this lobby to life! There's still time however! Just email donegan@dtlarealestate.com And of course, if you or someone you know is looking for commercial real property for rent in DTLA give us a call! Contact the broker directly at (213) 304-4727! I'll be sure to update you when the new art work on the lobby progresses and any new info on our commercial real estate agency here in the glorious center of the universe, Downtown Los Angeles!
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South Park District Creative Office Space for Lease, border of Fashion District
For Sale /M SF /SFLease Type :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!
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New! Creative Office Space for Lease in Downtown Los Angeles’ Fashion/Garment District
For Sale /M SF /SFLease Type :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!
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Commercial Real Estate for Sale in Downtown Los Angeles
For Sale /M SF /SFLease Type :Awesome Fashion District building was for sale and was quickly bought! Beautiful raw spaces with cement floors, exposed ceilings, warehouse windows, freight elevator, passenger elevator. Opportunities for properties for sale in Downtown Los Angeles like this don't come by every day, especially with this style. If you're looking for help selling your commercial building in Downtown LA give us a call! And of course, if you're looking to buy commercial real estate here we can help you with that too.
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Leasing Office Space in Downtown LA’s Little Tokyo
For Sale /M SF /SFLease Type :Are you looking for office space for lease in Little Tokyo? Well, since Little Tokyo is a comparatively small district, there's not so many buildings to choose from. There is one creative office building but the rest are all class-b style office space. That's fine, if you like the traditional sort of office. Of course, you don't have to be a Japanese company to rent office space in Jtown. Though there are many companies related to Japan or Japanese-American commerce in one way or another other non-related companies proudly occupy space there. If you want a list of what's currently available in Little Tokyo Downtown Los Angeles, give us a call at (213) 304-4727 now! A commercial real estate broker is standing by to help you!
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South Park District Retail Space & Restaurant Spaces for Lease
For Sale /M SF /SFLease Type :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
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Medical Office Space for Lease in Downtown Los Angeles
For Sale /M SF /SFLease Type :Are you looking for medical office space for rent in Downtown LA? We are happy to assist you with finding a doctor's office for lease, psychiatric office, chiropractic, and any business related to the medical field that would be appropriately related to any hospital activity. Also, dentist's office or dental offices is something we could potentially help you with as well. Visit our contact page above or just call (213) 304-4727 now. If we do not answer leave a message with your monthly rental budget, what kind of medical business you have, if you have a particular medical office building you'd like more information on, and when you are looking to move.
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Top Commercial Real Estate Companies in Downtown Los Angeles
For Sale /M SF /SFLease Type :There are, of course, many commercial real estate companies in Los Angeles. Here are some of the most prevalent ones here in Downtown LA that we tend to see around the most: CBRE (mostly for sales deals and lease activity in new Downtown), Lee & Associates (mostly Arts District), Avison Young (retail), Daum Commercial (Fashion District), Quantum (Fashion District), Major Properties (Fashion District), and those are the ones off the top of my head. I didn't mention any of the ones that specialize in tenant representation, mostly for class-a office, because we don't come across them too often, and most of our clients seem to have a lot of interest in class-a office space anyway. When it comes to creative office space for lease in Downtown, we are number one! The commercial real estate brokerages we mentioned are also excellent as well in what they do.
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FASHION DISTRICT RETAIL SHOWROOM SPACE FOR LEASE
For Sale /M SF /SFLease Type :I don't know what it is about Main Street... it's the sister street to Broadway but it doesn't get nearly as much "bullish hype" than Broadway does. Which is great for our commercial real estate brokerage because we seem to be killing it on Main Street. There's plenty of retail available on Main Street and it differs from Broadway in one big way- it's closer to Skid Row. My response to that is, who cares? Main Street has huge potential and actually doesn't look as worn down as Broadway. In any case, there's a lot of small retail space for rent on Main in the Fashion District. It's a challenge how e-commerce is affecting the Garment District Showrooms because the result is more vacant space. On the flip-side South Park and the Historic Core are burgeoning and retailers are reluctant to tread far from Spring Street. But alas, eventually there will be more and more of those pioneer retailers like Wendell's, the bar that just moved in on Main Street between 6th and 7th, that will pave the way for the covered wagons to follow. Certain entrepreneurs are taking advantage of low rent rates and are confident in their branding and marketing to make people come to them, and DTLA is lucky for that. Anyway this retail space here is available! It's about $1750 monthly rent rate and 950 square feet. Nice flooring, central a/c, and private bathroom. Call (213) 304-4727 for this and more retail space for lease in Downtown Los Angeles! [caption id="attachment_518" align="aligncenter" width="600"] Retail and showroom space for lease in Downtown LA's Fashion District.[/caption] All DTLA Condos For Sale DTLA Live/Work Lofts for Sale
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Spring Arcade Building Retail for Lease – Extreme Potential!!
For Sale /M SF /SFLease Type :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.