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Los Angeles Office Space for Lease a 724 S Spring St
For Sale /M SF /SFLease Type :Like many creative office buildings in Downtown LA, this building was once used for sewing manufacturing. Being an industrial style building it is no wonder it was once industrial. Well, in 2012 a developer purchased the building and converted into creative office space. I've leased to around thirteen sets of tenants in this building, and it's no wonder why. It sells itself. It's located in the best location of Downtown LA, well, a block from it, on Spring Street between 7th and 8th. 6th/Spring I consider the best location. This is where DTLA Artwalk occurs on Spring between 4th and 8th Streets. Anyway, the spaces are wonderful. Polished cement flooring, some have large white polished tile. Every unit has central HVAC with its own private thermostat. The building has 24/7 access and there's a security guard onsite Monday through Friday. The units are reasonably priced per square foot. There's currently three available! Visit the main page to check them out. As always, thanks for visiting and making us your first resource for creative office space Los Angeles. We also can provide LA property management services in Los Angeles, Los Angeles homes for sale, and we can help you buy condos for sale in Downtown LA. Give us a call now!
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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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Los Angeles Retail Space for Lease – House of Vintage wins DTLA’s Best Vintage Boutique
For Sale /M SF /SFLease Type :Vintage Clothing is something that has become synonymous with up and coming trendy neighborhoods. When I worked in the East Village of New York City in 2004 there were at least two or three on every block. However not all vintage stores are created equal. While some offer timeless throwbacks to past decades others are little more than a garage sale. Today Racked LA listed the top 24 vintage stores in Los Angeles and House of Vintage placed number 6 and the highest in Downtown Los Angeles. Owner Felicity Rathbone has cultivated a collection including names like DVF, Oscar De La Renta, and Versace that spans the 1920's to the 1990's. Her success has caused her to outgrow her current location so there is now an opportunity to take over the existing location as House of Vintage relocates. The location is being marketed for sale by Ms. Rathbone including all existing furniture and fixtures. The name and inventory are not included but it offers a chance for a turnkey ready to open operation in Downtown's Historic Core. If you would like more information please visit DTLARealEstate.com.
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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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A Downtown Diamond in the Rough, Very Rough
For Sale /M SF /SFLease Type :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
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Property Management in DTLA
For Sale /M SF /SFLease Type :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.
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Creative Office Space on Washington Blvd & Hill St
For Sale /M SF /SFLease Type :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!
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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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Commercial Real Estate for Sale Downtown Los Angeles – Warehouse Building
For Sale /M SF /SFLease Type :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!
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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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New! Small Retail Space for Lease in Downtown LA’s Pico Union
For Sale /M SF /SFLease Type :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
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New! Creative Commercial Real Estate Listings in the Garment District
For Sale /M SF /SFLease Type :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!
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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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Retail Space for Lease in Downtown LA’s Arts District at One Santa Fe
For Sale /M SF /SFLease Type :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!
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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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NEW! Downtown Los Angeles Jewelry District Retail Space for Lease Built 1907!
For Sale /M SF /SFLease Type :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!
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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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Is it a good time to get into a long term lease?
For Sale /M SF /SFLease Type :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
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Vacant Retail Space Available Next to King Eddy Saloon
For Sale /M SF /SFLease Type :It's not everyday that a vacant space opens up next to a space that is a Downtown LA icon. Well in this case, today is the day. Right next to King Eddy Saloon, a 1000sf retail space has become available and is in the process of renovation. This space use to be a discount store of various nick nacks similar to the ones that are known to exist in the Toy District, which this space borders, close to the edge of the Historic Core. The previous store had a mezzanine which has been taken down to reveal soaring ceilings... I'd estimate they are 14 feet high! Not only that but this space still has the original mosaic tile flooring from what appears to be when the building was originally constructed. The mosaic tile flooring is just one feature that makes this space feel like you've walked into back in time. The second feature that creates this feeling is this strange stair case that opens up to a... well I suppose it's like the world's tiniest stage.... or shelf I should say. The railing for it is what makes it look so old. You can tell that it is an antique stair case. So enough of that! How much is the monthly rent rate?! Only $1800 monthly! It's a rare opportunity to come up on a space like this, with ceilings this high, flooring this cool, and next to a Downtown Los Angeles icon. This is why, as a broker, I love working in commercial real estate in Downtown LA. There's so many unique opportunities that reveal a glimpse into history. For more retail and ground floor space for rent/lease, visit our brokerage firm's web-site, on the links above. And of course you can get landlord representation or tenant representation with our company by calling (213) 304-4727 now! Lic#01753250
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Downtown Los Angeles: Potential Bar, Restaurant, Cafe, Store for Rent/Lease
For Sale /M SF /SFLease Type :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!
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Potential Restaurant, Bar, Cafe, or Store for Rent: Prime Retail Space for Lease in Downtown LA
For Sale /M SF /SFLease Type :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
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The Medallion Building – Hidden Ground Floor Retail & Creative Office Space in Downtown LA
For Sale /M SF /SFLease Type :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!
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643 S. Olive Leasing Info – Renovated Nice Office Spaces
For Sale /M SF /SFLease Type :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!