Commercial Real Estate for Lease

What small business in Los Angeles doesn't need some creative space? Fortunately, one of the most popular buildings in DTLA, the Spring Arts Tower, has people covered. Located in DTLA's Old Bank District, it is noteworthy to mention that the price per square footage here, won't break your bank! One of the most distinguishing features of the building is that its ground floor is home to the Last Bookstore, one of the top privately held bookstores in the world and a must-see second floor mezzanine art gallery. If you are a tenant here, all you have to do is say "I'm in the same building as the Last Bookstore" and everyone will know what you're talking about and where you're at! Not only that, this building also features the Crocker Club, an old bank vault converted into a bar & event space, along with Spring St Cafe on the 9th floor, a charming and polished cafe experience with coffee, pastries, sandwiches and more. In addition to all this, and the main point of this post, is that the Spring Arts Tower is likely your best bang for your buck when it comes to renting creative space in DTLA. Call it what you want, creative office space, whatever, these units feature polished cement floors, exposed ceilings (no dropped officey looking spaces here!), and large windows flooding every space with natural light. With units facing 5th St, Spring St, the interior courtyard, and the alley/building next door; the building offers a variety of views to choose from, each with its own advantage. For instance, the courtyard units are the most quiet, 5th St gets the best light, and Spring St gets lower noise and relatively good & neutral for most of the day as it faces the South. Home to artists, photographers, lawyers, a hair salon, a tattoo studio, non-profit organizations, tech companies, you name it and that type of tenant is probably here. These small private creative spaces come available monthly, and a bunch lease monthly. Take advantage of all the building has to offer, including the most competitive rates from Los Angeles creative office space in the entire city! It is definitely advantage to have your own private office space in these times, where many people who have been working from home since the pandemic, are starting to go crazy from rarely leaving their home! There's nothing like having a separate space to put you in work mode, apart from home mode! So if you're looking for Los Angeles creative space, the Spring Arts Tower has to be on your list of possibilities, because of the many advantages stated here! Did I forget to mention there's 24/7 access and 24/7 security? And that all electricity, water, and trash are included (provided no inordinate use)? Yep, that's right. So come visit what was once dubbed the Crocker Bank Building in the Historic Core of DTLA, in the part of the neighborhood known as the Old Bank District!

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!

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?

 How to start a restaurant in Los Angeles We get calls everyday from people who would love to break into the Downtown Los Angeles restaurant market.Many people think you can go out and find a space, put in your equipment and furniture, have the health department sign off, and then start making money. If only it were that simple. Unless you are assuming an existing business and changing nothing you will generally have to go through a change of use through building and safety. You have to have your restaurant fully designed and planned and wait for their review before you get to start renovating. Most full service restaurants need to serve alcohol to hit their profit margins which involves a conditional use permit. Both of these are long and complicated processes which involve going in front of local area councils, LAPD, and the department of building and safety. It's no easy feat. You have to be prepared to pay rent on a space for anywhere from 10 to 12 months before you open your doors. We at dtlarealestate.com understand that for many individual owners this is not possible. As we don't believe that the only people in hospitality in downtown should be large corporate entities or millionaire owners, we like to assist potential owners in negotiating the best deal to mitigate these challenges. We can help negotiate periods of free rent or tenant improvements by the property owners to assist you. We also have close relationships with permitting experts that specialize in downtown. We even have a member of our staff who has a decade of experience in the hospitality field. There is no better brokerage in downtown to help you opening a restaurant in Los Angeles!  Especially leasing a restaurant in Downtown LA! ,How to start a restaurant in Los Angeles How to start a restaurant in Los Angeles OUR COMMERCIAL LEASE LISTINGS OUR COMMERCIAL SALES LISTINGS

[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

A Downtown Diamond in the Rough Very Rough Like many of the best finds in downtown Los Angeles real estate, there is a gem hiding in plain sight. You wouldn't know it from looking at the exterior of the building located at 229-241 East 7th Street, but upstairs there are four amazing spaces that can be combined in a variety of ways. Many hopeful tenants who want to lease in Downtown Los Angeles covet 20-foot ceilings, central HVAC, 24/7 access and an adjacent parking lot; this property has it all! [caption id="attachment_689" align="aligncenter" width="571"] Warehouse space in Downtown Los Angeles[/caption] Situated on a transitional block of 7th street, you can see the grit turn glint. It is across the street from Santee Court, home to over 200 hundred downtown LA residential lofts. There is nothing sweeter to an Angelino than a one-block commute. Standing on the front sidewalk of the building, looking a few blocks West, you can watch the new Korean Air skyscraper making its way to the high point of the LA City skyline. Fortunately, this building will be getting a paint job soon, as it desperately needs it!  Hopefully the colors will be consistent with the creative interiors.  We'd like to do dark gray with a neon green accent, but we will have to see what the owners say!  This building was actually purchased not long ago.  Having sold recently, the building also has a new property management company!  Everyone seems to be on board with upgrading this commercial building in DTLA! [caption id="attachment_688" align="aligncenter" width="599"] Creative DTLA Office Space[/caption] Last but not least, this building also has to ground floor retail spaces for lease!  Being that this building is situated at the border of the Fashion District and the Toy District, and walking distance from the Historic Core, pretty much any type of tenant you can think of could potentially be a good fit!  The building also has a private parking lot situated next to it, and the spaces include parking!  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. A Downtown Diamond in the Rough Very Rough A Downtown Diamond in the Rough Very Rough

Property Management in DTLA. Have you ever met a Downtown Los Angeles commercial real estate property owner? It might be a little like spotting a unicorn. The truth is, most Downtown LA real estate is owned by international investors. So what does this mean for those of us who live, work and play in DTLA? It means that some of the gentrification efforts are slowed down due to out-of-touch property owners. Have you ever noticed a great building hidden under an old paint job, in need of some light maintenance, and wondered why this great building has been left unkempt in a rapidly gentrifying area? The answer is property management. With owners being remotely located, the property manager is left responsible for the property management and property maintenance, but not all managers know what’s best for the property and the investment. In fact, managers are often reluctant to ask owners for the funds necessary to update old properties. Ironically, in an attempt to save a few thousand dollars, they end up costing their property owners tens of thousands of dollars! In my experience, some managers are too shortsighted. Take the Fashion District for example. Downtown LA’s Fashion District has become a destination spot for retail shoppers all over the city.  However, most typical retailers prefer more traditional retail locations in other areas of Downtown that are less about wholesale: for instance, the Arts District, South Park, or Bunker Hill.  To lease your commercial space for top-dollar, you need to have the right management company in place, assuring that the value is there for both tenants and property owners. Wholesale District property management and Toy District property management is a great example of this point. Buildings in these districts are being managed the same way they were decades ago, while at the same time trying desperately to lease for top-dollar. The buildings that have signed on with property management firms and who have made reasonable upgrades to their properties have seen the returns on their investment and have added to the gentrification efforts; beautifying the neighborhood, increasing foot-traffic, and attracting top-tier tenants who are willing to pay more for the added value. The lesson here is to outsource your Fashion District, Toy District, or Wholesale district property management to professionals, like those at dtlarealestate.com. Donegan McCuaig knows property management and he knows what it takes to keep your building looking great and attracting the best tenants at the most competitive price. For questions about Downtown Los Angeles property management, or any other real estate opportunity, contact Donegan McCuaig at the number above. Property Management in DTLA. Property Management in DTLA.

Are you looking for a property manager for your commercial or residential building in DTLA's Fashion District?  We'd be happy to help you.  Please contact us now!Property Management Services in Downtown Property Management Services in DowntownProperty Management Services in Downtown All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

Happy to be working with this owner! Had been trying to list his building in Little Tokyo and one day he said, lease this! It's ironic because warehouse space is what we are best at. Whether it's ground floor or creative office style or for manufacturing or retail space, leasing warehouse space style is what we do! Anyway, this building has outstanding loading and a private gated parking lot. Could fit more than 15 cars in here if you do it all tandem. To check if it's still available call us now!Warehouse Space for Lease in Los Angeles.   [caption id="attachment_657" align="aligncenter" width="400"] Leasing warehouse buildings in Los Angeles[/caption] Warehouse Space for Lease in Los Angeles. All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

This space is the only space in the entire building with a balcony!! Quite a cool space! There's windows on three sides of the unit, so it gets tons of natural light. Unit is currently occupied by an existing tenant but they can move out. Polished cement floors, exposed ceilings, 24/7 access, freight elevator, 4 passenger elevators, renovated lobby/hallways/bathrooms, and it's listed only at $1.25psf It's 4997 square feet in total. See the ad for details!

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!

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

Check out this updated graphic of a building that is available for sale in Downtown LA. It's located on the corner of San Pedro and 7th Street. This is a warehouse building with M2 zoning. The space has cement flooring and wood-truss ceiling. The ceilings are HIGH! Building has its own private bathroom. There is an existing tenant, a printing company whose lease ends 2017. Excellent space. For more info and more commercial real estate listings contact our broker at (213) 304-4727. He'll be happy to you help buy commercial property in Downtown LA!

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!

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 ;)

This building is just a hair south of the 110fwy in Downtown Los Angeles! It's actually technically in Pico Union right at the border of central Downtown LA, since the freeway is pretty much the border line! This small retail listing just came available! It's not often you see small spaces like this in a retail center with such a good anchor tenant, which in this case is Subway Sandwiches! The space has faux wood flooring, a private bathroom, and a private office. There is a small parking lot that is first come first serve. There is a wall unit air-conditioner and the walls are freshly painted. There's also a large window along with the windowed door, which are great for decal text for your business. Last but not least, there is a strip center common sign with a slot with your name on it right under the Subway logo! The space is clean and ready to go! For more retail listings for lease in Downtown Los Angeles visit the link tabs above! And of course you're welcome to call (213) 304-4727 anytime! Thank you

By now, if you've been following this blog from the beginning, you know this building! The front space on the second floor has just become available! It's approx 3500 gross square feet and again is going for only $1psf! The building is like new since a few years it burnt down, but they kept the original structure, and totally rebuilt it! The space has a private bathroom, central HVAC, kitchenette, and 24 hour access! The building has 24hr video surveillance in the common areas. There's also an intercom at the front lobby door which you can buzz people in. The location is pretty good for the Fashion District! You're just a quick bike ride from all the amenities in central Downtown LA, and what's more, you have easy access to the 10 freeway. Contact our commercial real estate broker at (213) 304-4727 and of course just visit the links at the top tabs for more info! Come get this one while it's still available!

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!

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!

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!

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!

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.

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!

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

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.

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.

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

This baby is available and it's the last one of this floor plan with polished cement flooring!! Commercial real estate in Downtown LA is burgeoning because this building is filling up up up! What can you do when you're a broker and you get hired to fill up a building, and when it's almost full the owner fires you because he suddenly decides he's paying you too much money??? You cry. Just kidding... I'm use to it.. should be use to that by now! Anyway, this is still an awesome building and there's still some space left since the total renovation! This building also has a little roof patio that could be turned in And last but not least, oddly enough, the second floor has the highest ceilings in the building! Yes yes! Thanks for reading my commercial real estate blog! Call (213) 304-4727 now! Lic#01753250 Last of the Commercial Property for Rent as Creative Office Space. Last of the Commercial Property for Rent as Creative Office Space. All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

Why here? Why now? Those are good questions. The answer is, the deal is good now and it will get worse the longer you wait. Everyone is bullish about Downtown LA's economy, aren't you as well? What does that mean for rent rates and property values? Exactly. I don't need to answer that because you know. As a broker of commercial real estate in Downtown LA I've had a lot of experience. I started when the market was probably at it's worse in 2009, an opportune time to be buying up REO's, foreclosures, and short-sales. Alas, we all wish we would have acted then because we all have seen the prices sky-rocket since then, but at the very least we can act now. Do you have a retail business? Perhaps you need an office space that is not only functional, but says something about you as a business. If you found a good space for either of those, do you think it would be good to wait longer? Perhaps see if the market gets better? Perhaps, you want a short term lease so your rent can be raised to unknown heights at its expiration, exactly not! Give DTLA Real Estate a call. Let's talk. What are your goals for the future and how can we execute a real estate strategy to get you to achieve your desired business results. That's something I love to talk about. Do you think I'm too optimistic? I'm waiting your thoughts now at (213) 304-4727 All DTLA Condos For Sale DTLA Live/Work Lofts for Sale

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