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Property Management Services in Downtown LA’s Fashion District
For Sale /M SF /SFLease Type :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
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Warehouse Space for Lease in Los Angeles
For Sale /M SF /SFLease Type :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
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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! 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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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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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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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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1320 S. Main St. – Newly Sub-divided & Upgraded
For Sale /M SF /SFLease Type :I did a post about 1320 South Main Street before. The building had burned down and was owned by the bank before the current owner purchased it. What happened was, when the insurance company rebuilt the space, they just made the second and third floor huge 6300SF spaces. There were no flooring, and no walls subdividing the space. The third floor came first. Due to the current market conditions renting a 6300SF space at a premium is hard to do. It's much easier to rent smaller spaces. In fact, the smaller they are the more quickly they get rented, in Downtown LA least. So the third floor is this epic space with bowed wood truss ceiling and raw brick walls. It made peoples' mouths drop when they came in. It's amazing how I still get calls for this space, but I finally took the photos down off our web-site even though the spaces were no longer listed on Craig's List. So anyway. The third floor subdivided in a flash and rented quickly. Onto the second floor. The second floor was one huge weird blue commercial carpeted class-b office space. It's hard to imagine someone needing that much open space. Alas, the sub-division was made into two 3150 gross square foot spaces. Low and behold, the flooring was also changed into a beautiful faux wood aesthetic work. Kitchenettes were added in each one. Video surveillance in the common areas was installed. Central air conditioning and heating was installed. Private bathrooms in each unit were created. The space now looks more like a creative office space than it does anything else, and that's a good thing. The ceilings are around 10 feet high, and they don't have the dropped ceilings that you typically see with class-b office space in Downtown Los Angeles. You're not going to find cleaner space with all these practical features at a better price per square foot than this in Downtown's Fashion/Garment District. You can see from the photos for yourself that this is an awesome space. I think I have the front half rented already to an artist. For more information regarding this space call (213) 304-4727 or visit the links above here at www.dtlarealestate.com For more commercial real estate in Downtown Los Angeles, from our glorious tiny little company/brokerage, DTLA Real Estate.
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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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Creative Office Space Rent Rates Will Rise in Downtown LA, Here’s Why
For Sale /M SF /SFLease Type :Creative Office Space Rent Rates Will Rise in Downtown LA One of the most important things to think about when renting or leasing a commercial space anywhere, not just in Downtown LA, is to have a prediction of what rent rates will do in the future. This prediction should be based on true information taken from a wide base/sample to ensure that the depiction it creates is generally representative of the market overall. This prediction should be used to forecast whether rent rates for the potential space for one's business will go down or up in the future. With this information, one is able to plan and minimize one's business' future over-head cost with the hope and intention to earn overall greater profits in the long run through rent savings. How can someone today do exactly this effectively? When it comes to Downtown LA commercial real estate rates, three things to keep in mind are the growing numbers in the residential population in Downtown, the conversion of industrial buildings with sewing tenants into residential lofts in Downtown, and the growing popularity of creative space. For the Downtown LA commercial rental market, one special piece of information is very influential, and that's what the residential movement is doing. The residential bubble burst in 2006/2007 and the economy was in steep decline. At this time the residential market was rich with bank owned foreclosures and short-sale listings. Commercial building owners were basically killing themselves from stress over their financial losses as they saw their equity plummet. But surprisingly, at the same time, overall demand for residential housing in Downtown Los Angeles was beginning to snowball. And it's still growing. The effect of this growth is that the real estate market overall is benefiting. Growing residential life means a growing business economy. Products and services offered to the residential population are experiencing the benefits. The growing business economy results in stimulating the commercial real estate market in Downtown. With more people living in Downtown comes more people working in Downtown. Also, recently, public perception of the general economy is improving, which is a nice change from the economic pessimism that has been so ubiquitous in the last few years. Downtown has become the "popular" and "new cool place" to be in Los Angeles. With growing popularity comes increased demand, with increased demand for a particular location, property rent rates in that locations go up. The second phenomena occurring that one should consider when predicting future commercial rent rates in Downtown relates to the first. With the increase in residential demand, commercial & industrial buildings are kicking out all their tenants to be converted into residential lofts. For instance, many owners of industrial buildings with sewing tenants have kicked all their sewing tenants out in order to renovate their buildings and convert them into residential lofts. All these kicked-out commercial tenants have been absorbing the previously large vacancy in raw commercial and industrial space. As a result, sewing space rent rates have reached a new high and it's harder than before to get sewing space and industrial space in Downtown in general. This scarcity is creating increased commercial rent rates. And since raw commercial and creative space that sewing tenants use makes some of the best creative office space, these sewing tenants have to compete with the influx of artists, photographers, designers, and other creative types to get into this space. This increased scarcity of creative space creates increased rent rates. A third reason creative office rent rates will rise is that traditional office space is becoming less and less popular with regard to aesthetic look as well as layout & orientation. Traditional office space is perceived as constrained by an antiquated style and a less collaborative platform from which to work. As a result, the perception of value of traditional office space is becoming diminished. The overall rigidity of what the traditional dropped ceilings and commercial carpeting represents to many people is exactly what they do not want: a stigma of constraint and inability to allow for the new and random that out-lies traditional expectation of the past. It's important to note that I may be biased because most of my clients are creative types and not lawyers or accountants. But I have rented creative office space to some lawyers and accountants. A growing trend is a more open, collaborative, and engaging layout. Many tenants are seeking not only a place to work but a social mechanism for improving their business through networking and sharing. The age of the cubicle isn't nor will be extinct, but there are becoming less members of that species as creative and historic buildings are made available to today's tenants. This rise of popularity of creative collaborative space and decline of traditional office space indeed indicates that rent rates of creative office space will continue to increase. So yes, the growth in residential population in Downtown, the fact that raw commercial and industrial buildings are being converted into residential space, and the diminishing popularity of traditional office style and orientation are very crucial elements of predicting what the future holds for creative office and commercial real estate in Downtown Los Angeles. All of this indicates that rent rates will increase, so get into a long term lease now while the moment is right. Creative Office Space Rent Rates Will Rise in Downtown LA Creative Office Space Rent Rates Will Rise in Downtown LA All DTLA Condos For Sale DTLA Live/Work Lofts for Sale
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Why Creative Office in Downtown LA?
For Sale /M SF /SFLease Type :DTLA Real Estate does it all. But out of all of it, our favorite is probably creative office. Executive office is great, and we enjoy it as well, but creative office just seems more natural to us. Helping people find creative space in Downtown Los Angeles is our passion. We know that our clients want to be inspired, and are not motivated by all the same things that most class-a office seekers find important. One of the many things that are important for a lot of class-a office building seekers, is to have an impressive and high class vibe to be viewed by their clients as successful and reputable. Being able to afford a really expensive space can be a sign of authenticity, being the real deal, and everyone can appreciate that. Artists, care about presentation as well, but for different mix of reasons and motivations. Freedom, innovation, and character are probably the things that are most important to them. You don't see a lot of artists driving around in Lexus's. I say that not because a lot of artists out there comply with the "starving artist" stereotype of not having enough money to afford executive office rents in Downtown Los Angeles at around $3-$4 per square foot, but because artists want to feel and be unrestrained. To some, driving a Lexus is sign of success and reputability. That may be true, but to some, a Lexus is the result of a corporate engine designed to be what most people will find impressive. Artists want to create and display their own value. Freedom is required for creative energy to flow, and there's just something about being made look expensive that diminishes that. Raw space engenders that unrestrained feeling. Impressiveness is great, but artists would much have a space that allows them to display their impressive work rather than have a space that does it for them. It's easier to do that in raw space. Also, there's something about dropped ceilings, commercial carpeting, and bland hallways that feels imprisoning. It's too corporate. Artists want something unexpected. Something created from an individual's mind and experience that wasn't intended to demonstrate impressiveness for the sake of impressiveness, but to allow them to innovate and demonstrate their work, and to some artists, their work is themselves. If artists want anything from the creation of a space, it is to be set free to create and express themselves. This is not to say Lexus's aren't awesome, it's just to give an analogy. Awesomeness can be the result of many causes. To play with the same analogy, it's interesting to note that historical buildings seem to automatically have a more genuine character to them, especially if they boast the original design. A brand new Lexus is sweet but there's a unique flavor that comes with a classic car. Not only this but creative people also like raw space (creative office style) for unique practical reasons, that class-a office space users do not. In a creative building, typically the ceilings are higher which allows artists to make bigger art pieces. Also, cement flooring, which is really popular, allows one to create things without having to worry about damaging it. What's ironic about all this is that creative office rates are being raised in Downtown Los Angeles while traditional office space rates are being lowered. So creative office is now kind of becoming like a Lexus. But that's okay, reality is ironic. Creative space is suppose to inspire, the occupant is suppose to create. Those creations are what remain eternally genuine, hopefully. You can get creative office space for rent like this in Downtown LA. And what wouldn't be a better place for your work space to be located here in the center of the universe, Downtown Los Angeles. You can do it all with DTLA Real Estate, unless of course, someone else rents it first. And for the record, I wouldn't mind driving a Lexus.
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Office Space for Lease/Rent at the US Bank Tower
For Sale /M SF /SFLease Type :Office Space for Lease/Rent at the US Bank Tower Call it what you will; class-a office, luxury office, executive office, or high-end office; it's all the same. The US Bank Tower, one of the most strikingly recognizable pieces of architecture in Los Angeles, and quite possibly, the world, was recently purchased by a Singaporean company for 367.5 million dollars (according to the LA Times). It was previously owned by MPG Office Trust, a big player in commercial office space in Downtown Los Angeles, which also owns other sky-scrapers located in the Bunker Hill area. The building is seventy-three floors, according to Wikipedia, two of which are underground. The building's construction was completed in 1989, also according to Wikipedia. There are a lot of factors which make the US Bank Tower a unique building to rent/lease office space in. First and foremost, as mentioned before, its' fame and icon-stature juxtaposes a prestige and impressiveness to any company renting space inside it. Secondly, it's cornered geometrical circular shape (see floor plan of US Bank Tower below) set it apart from other Downtown LA office buildings. It's a pro and a con actually, because it affords a special character to the spaces inside but also can make it less practical for positioning office furniture and working stations. Third, to the world, the building is representative of the United States as a fixture of liberty and power, making it to what some would call a "target" for enemies of the United States. Personally, I think the third is a silly thing to worry or even think about. The building is so extremely well secured that someone would be foolish to even think about someone even considering making it a target. It's even ridiculous to talk about. Anyway, next subject. The building has an amazing lobby that features tons of glass that allows it to be flooded with natural light. The lobby has rotating glass doors and a extremely beautiful mural of the historical figure from which Los Angeles originally derived its' name. The space for lease that is available is on the 26th and 28th floors. There is a reception area on each floor with a receptionist, small/medium/large conference rooms, a lunch/break area, a common filing cabinet storage area, and offices on the interior and offices on the exterior which of course, have windows and epic views of Downtown Los Angeles. For this deal, all utilities are included along with janitorial services as well. The building has subterranean parking, for an additional daily or monthly fee, along with lots nearby that offer more affordable parking rates. The building has 24 hour access, along with 24 hour security and video surveillance. If you want to make a statement, the US Bank Tower should be your choice if you're looking to rent class-a office space in Downtown Los Angeles. For more information about leasing/renting the US Bank Tower and other commercial real estate information in Downtown LA, call DTLA Real Estate at (213) 304-4727 now!
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Creative Office Space at the Pershing Square Building
For Sale /M SF /SFLease Type :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
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Unknown to Most – Gem on Broadway w/ Ground Floor Retail & Creative Office for Rent/Lease
For Sale /M SF /SFLease Type :I don't know what to call this building's exterior design. It's difficult to describe. It's like ancient but robotic, which come to think about it, is really cool! This building has been totally gutted on the inside, brought down to the most raw of states, and is actually totally empty at the moment. The ground floor has ceilings so high that looking up might make you dizzy. It is cement style warehouse space with rectangular/square-like columns instead of the circular ones you'd see in older cement style warehouse buildings. The ground floor space is actually available for lease/rent as a prime retail location in Downtown Los Angeles. Would be an awesome location for a large restaurant or department store. There are about 20 brokers already vying to rent this ground floor space, which is around 7500SF. The location, being on Broadway between 5th and 6th streets, make it a little diamond in the rough. Seems to me that leasing any retail space in Downtown LA right now would be a good idea in the long term, because I can only imagine the spaces getting more expensive soon. Although, there is sort of a surplus you could say of retail space for rent/lease in Downtown LA now, I see that space being absorbed rather quickly in the next couple of years as things improve economically and infrastructurally and as the residential population continues to grow. If you are looking to rent a restaurant space in Downtown LA, now would be the time to do it. There is plenty of ground floor retail space in Downtown Los Angeles that would potentially be good for bars, restaurants, and cafes if you're willing to commit to a long term lease as the environment positively develops. This building, of course, has an upstairs. It's the same style as ground floor but with ceilings that aren't quite as high. The building is a total of six stories and the first four stories are all 7500SF and the upper two are 2500SF each. The spaces upstairs, since it is zoned as commercial real estate, would be ideal for creative office. The building also has a design proposal to turn it into residential units, but nothing has been decided officially yet, as far as I know. Last but not least, the building is also for sale! The price is negotiable. Call for details. For more commercial real estate space for sale/purchase or renting/leasing in Downtown Los Angeles, or to tour this building, fill out the form on the left or just call (213) 304-4727 now. Broadway w/ Ground Floor Retail & Creative Office for Rent/Lease All DTLA Condos For Sale DTLA Live/Work Lofts for Sale
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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.
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Leasing Information for Paul Hastings Building
For Sale /M SF /SFLease Type :Quite possibly one of the most impressive architectural designs in all of Downtown, this building boasts a powerful impression that is difficult to describe. See this space to believe! Gorgeous lobby with SOARING CEILINGS. There is 24 HOUR SECURITY GUARD along with VIDEO SURVEILLANCE in some common areas. All utilities are included in your rent so you don't pay electricity, water, sewage, or trash. This building has 24 HOUR ACCESS for those long nights when you need to pound out an important project. ASK ABOUT MOVE-IN SPECIALS. This space is on the 36TH FLOOR and offers STUNNING VIEWS. There is a CONFERENCE ROOM where you can meet and interact with your clients and associates. Along with LUNCH/BREAK area complete with coffee and other beverages. Included in your rent, is a RECEPTIONIST to professionally field your incoming calls. So much more here that seeing in person is incomparable! There is SUBTERRANEAN PARKING which you can park at for a monthly fee along with other lots close by. For additional leasing rental information about the Paul Hastings Building in Downtown Los Angeles, 515 S. Flower, visit www.dtlarealestate.com Showings by APPOINTMENT ONLY. Call Donegan at (213) 304-4727 now! Leasing Information for Paul Hastings Building All DTLA Condos For Sale DTLA Live/Work Lofts for Sale
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Office Space for Rent/Lease at the Union Bank Building
For Sale /M SF /SFLease Type :Awesome executive office space in DTLA's first sky-scraper, and quite possibly still the best. This building has HIGH END PROFESSIONAL SPACE available. Tons of common area available to you in your rent rate! GORGEOUS LOBBY with 24 HR ON-SITE SECURITY GUARD along with 24 HOUR VIDEO SURVEILLANCE in some common areas. Impress your associates and clients with this space. STUNNING CITY VIEW from the 27TH FLOOR. Floor office all the services you will come to expect, and redefine the standard of office work. ALL UTILITIES INCLUDED so you don't pay electricity, water, sewage, or trash. RECEPTIONIST is here for you and included in your rent rate to professionally field your incoming calls. There is a CONFERENCE ROOM where you, your clients, and associates can meet. LUNCH/BREAK area included along with beverage services (for additional charge). Building has 24 HOUR ACCESS. So much more! There is SUBTERRANEAN PARKING available for a monthly fee, along with VALET PARKING for an additional fee. Showings by APPOINTMENT ONLY. If you're looking to rent executive office space in Downtown LA you have come to the right place. It's just a phone call away. Call Donegan at (213) 304-4727 now! Visit www.dtlarealestate.com Office Space for Rent/Lease at the Union Bank Building Office Space for Rent/Lease at the Union Bank Building All DTLA Condos For Sale DTLA Live/Work Lofts for Sale
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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!
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1320 South Main Street Brand New Construction
For Sale /M SF /SFLease Type :So this building actually burnt down a couple years ago. I was referred to the owner, Fred, through another client. Fred had just purchased the property from the bank. And construction had been completed not long after the bank put it on the market. Long story short, the building is now available for lease! So we started with an empty building, which is my specialty, and quickly filled up the ground floor retail spaces. This location in the Fashion District is known for t-shirts. So there's lots of t-shirt whole sellers in the area. At the time there was a lot of retail/show room space available in the area but since then most of the spaces have been rented as the economy seems to be getting stronger. Anyway, it's a three story building. The top floor is a stunning raw brick and raw bowed wood trussed ceiling. The photos speak for themselves but it is easy to see how these spaces also rented quickly to two different fashion companies to be used as their design and operations center. Each floor is approx 6300SF and we had an architect and licensed contractor take the necessary means to sub-divide the space into two units. After the hallways and entrance area was added each space came out to be a net square foot of around 2700SF each. These spaces got so much attention, that they rented for $3200 and $3400 each, not including utilities or CAM charges. The second floor is a different story. It's also 6300 gross square feet but a totally different style. If only we could go back in time and tell the insurance company to make it the same style as the third floor!! The second floor is more traditional office style with white walls and standard ceiling heights. In an effort to give the space some flavor we had some graffiti artists come in and add a creative touch to the walls, as you can see here in the photos. We're also subdividing the second floor into two different spaces, in the exact same layout as the third floor. All the units, by the way, will have their own private bathroom along with central heating and air conditioning.
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New Building in Vernon with Soaring Ceilings
For Sale /M SF /SFLease Type :Came across this awesome building driving around aimlessly looking for industrial space. And boy, is this industrial. Awesome ceiling height... can you say "16 FOOT CEILINGS?" Yes, 16 foot ceilings. Cement flooring. This jewel, like many spaces of the same type, has the windows painted over. Yes, it gets warm in the summers, but cut out the natural light? Please. Nevertheless, behold, cement style industrial space. Get this, this space is on the ground floor, yes GROUND FLOOR! It's rare to find industrial space like this with 24 hour access, ground floor, and with this ceiling height. You find something like this, rent it. Actually, just rent this one. Space has metal roll-up doors which make one capable of driving a car inside. Excited to bring this building to you and even more excited to get this new addition to the DTLA Real Estate family. Like always, minimal one year lease. All the utilities are included. I'll be sure to let you know as soon as new space comes available here. I look forward to experiencing more space in the glorious city of Vernon, and if you're with me, you will too. Until next time!
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11,500SF – Free Standing Building near Staples Center
For Sale /M SF /SFLease Type :It's not every day you come across a property like this, 1800 S. Flower street. This building is a god-send to anyone with a medium sized company looking to bring their operations at several locations all under one roof in Downtown LA. The building is a one story entity with roof parking lot that could fit around forty cars, need that confirmed. There is a large reception area at the main entrance of this property with four cubicles. The 11,500 square feet is about half office space and half warehouse space. There are around SEVEN PRIVATE OFFICES along with two large open areas that can fit many MANY cubicles. The property is currently owner occupied and would take around three months to be fully vacated in the event that it is leased. And it is indeed FOR LEASE! There is a conference room as well as a lunch room with kitchenette. The building has three bathrooms. The photos really say it all when it comes to this space. Obviously, the building has 24 hour access. The rent rate was actually just reduced from $14,125 monthly to $12,650 monthly. Not only that, but the lease is no longer triple-net (NNN). All the tenant will pay is rent plus utilities. Lease may entail that tenant needs to purchase additional insurance but taxes and other NNN expenses are being paid for by the owner. See your lease for details and full disclosures. The location of this property is awesome with regard to being near Downtown LA's entertainment district which is home to LA Live, Staples Center, and Regal Cinemas. Also it's incredibly convenient for public transportation being so close to the 10fwy and 110fwy as well as major bus and train routes. Rent this building while you still can! The owner is looking for a minimal three year lease. For more information fill out the form at the left and someone will get back to you!