Piero. Piero I & II Apartments. 616 & 609 St Paul AveNUE Los Angeles, CA Property HIGHLIGHTs:
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1 Piero Property HIGHLIGHTs: The Piero is a two phase mixed-use development which consists of 225 units and 335 units respectively over 7,098 square feet of retail. It was developed by G.H. Palmer Associates in 2004 and The Piero faces the highly active and bustling Wilshire corridor with neighboring tenants such as Plan Check. The project spans across Bixel and St Paul with retail on the streets enlivening the area. In addition, the project has stimulated the surrounding businesses with hundreds of additional residents living directly above. Crossing west of the 110 has quickly transformed the perception and potential that has previously bound downtown. > > Available Space: 1,661-3,261 SF > > Lease Rate: $2.50 to $3.50 NNN > > Lease Term: 5-10 years > > Availability: Immediately
2 AREA Highlights: > > Neighboring restaurants include Plan Check > > Next to bustling Wilshire corridor > > Adjacent to historic core downtown > > Easy access to major 110 Harbor Freeway > > Prime signage opportunity > > Walking distance to tremendous office density > > Significant residential density > > Tremendous commercial development upswing coming online
3 THIS DRAWING IS A RECORD OF REAL PROPERTY THAT IS GENERALLY ACCEPTED TO BE SUITABLE FOR USE IN PLANNING, DESIGN,, AND GENERAL ASSET MANAGEMENT. IT SHOULD NOT BE USED TO DETERMINE EXACT MEASUREMENTS OF S OR ARTIFACTS FOUND HEREIN FOR ANY PURPOSE. EXTERIOR ELEMENTS HAVE BEEN MEASURED AND DRAFTED FOR REFERENCE ONLY - THIS IS NOT A SURVEY. PIERO I - SUITE A: CONC DECK HT. 12'-9" SUITE A 3,401 SF 3,401 SQFT CONC DECK HT. 12'-9" A.F.F. PIERO II PIERO II - SUITE A: 3,261 SQFT SUITE A 3,261 SF CONC DECK HT. 17'-7" A.F.F AVAILABILITIES SIZE TYPE RATE (+NNN) AVAILABLE ADDRESS - PIERO I St Paul AVENUE Suite A 3,401 SF Retail $2.50-$3.50 Immediately ADDRESS - PIERO II St Paul AVENUE Suite A 3,261 SF Retail $2.50-$3.50 Immediately Suite B 2,176 SF Retail $2.50-$3.50 Immediately Suite C 1,661 SF Retail $2.50-$3.50 Immediately PIERO II - SUITE B: PIERO II - SUITE C: CONC DECK HT. 22'-4" A.F.F. SUITE B 2,176 SF 2,176 SQFT CONC DECK HT. 14'-5" A.F.F 1,661 SQFT SUITE C 1,661 SF CONC DECK HT. 19'-2" A.F.F. 550 N. FIGUEROA ST. EXISTING ENTRY LEVEL (PIERO II) For more 1 information, 3,401 SQFT MEASURED TO EXTERIOR WALL PLANE please contact: LOS ANGELES, CA EXISTING Colliers International makes no guarantees, representations or warranties of any kind, expressed or REF: implied, 550_LA regarding SHEET SIZE: 30x42 the information including, but not limited to, REV: 2 (LABELS 1/12/14) SCALE: 1/8"=1'0" DRAWN BY: TL FIELD SURVEY warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers AUDITED International BY: TL 10/22/2013 and/or its AX-102 licensor(s). 2 OF All rights reserved.
4 CITY WEST OVERVIEW: Piero I & II is located in City West, an up and coming area of downtown Los Angeles situated next to the esteemed Financial District and popular destination Little Tokyo. City West is quickly becoming a choice location for people to live, with population expected to grow by 4% in the next five years. As residential communities continue to emerge, City West is becoming increasingly transit oriented with ease of access to major transportation metro centers, airports and commuter rails. Piero I & II is centrally located within City West, less than half a mile from the 101 freeway and nearest metro station and within walking distance of sightseeing designations like the Walt Disney Concert Hall and Dorothy Chandler Pavilion. DEMOGRAPHICS (source: Nielsen) 1-mile 3-mile 5-mile POPULATION 2015 Total Population: 60, ,090 1,182, Population: 63, ,757 1,214,106 Pop Growth : 3.89% 3.60% 2.67% Average Age: HOUSEHOLDS 2015 Total Households: 22,098 78, ,292 HH Growth : 4.29% 3.62% 2.70% Median Household Inc: $28,790 $27,666 $33,619 Avg Household Size: Avg HH Vehicles: HOUSING Median Home Value: $413,564 $420,565 $405,723 Median Year Built:
5 AREA Amenities: SHOPPING CENTERS 1 The Bloc 2 Fig at 7th 3 Japanese Village Plaza Bar/Nightlife 1 The Edison 2 Angel City Brewery 3 Redwood Bar 4 The Association 5 Varnish 6 Broadway Bar Coffee shops 1 Demitasse 2 Urth Caffe 3 Groundwork Coffee Co. 4 Philz Coffee 5 Two Guns Espresso Development 1 Fig Central 2 Metropolis 3 The Grand 4 Wilshire Grand Drugstore 1 Walgreens 2 CVS Pharmacy 3 Walgreens 4 Rite Aid Entertainment 1 Staples Center 2 Nokia 3 Walt Disney Concert Hall 4 The Broad 5 The Museum of Contemporary Art 6 Regal Cinemas 7 Orpheum Theater 8 Tower Theater Grocery 1 Marukai Supermarket 2 Whole Foods 3 Ralphs GYM 1 Yoga and Spin 2 Yoga Works HOSPITALITY 1 Ace Hotel 2 JW Marriott 3 Viceroy 4 Standard 5 Miyako Hotel 6 DoubleTree by Hilton 7 Hilton Checkers Los Angeles 8 Millennium Biltmore Hotel Los Angeles 9 The Westin Bonaventure Hotel 10 Sheraton 11 Omni Los Angeles Hotel 12 The Ritz-Carlton Restaurant 1 Red Bird 2 Pitfire Pizza 3 Baco Mercat 4 Ledlow 5 Wurstkuche 6 Umami Burger 7 Grand Central Market Restaurant (con t) 8 Kazu Nori 9 Prufrock Pizzeria 10 Cole's 11 Perch 12 Mendocino Farms 13 Water Grill 14 Bottega Louie 15 Sugarfish by Sushi Nozawa 16 Public School Le Pain 18 Plan Check 19 Tender Greens 20 Faith and Flower Degrees 1 Zara 2 H&M 3 Shiekh Shoes 4 Urban Outfitters 5 Target City
6 GH PALMER PROPERTIES: > > Da Vinci West Temple St, Los Angeles, CA apartment units with over 10,000 SF of retail > > Visconti West 3rd St, Los Angeles, CA apartment units with over 9,261 SF of retail > > Piero I & II & 609 St Paul Ave, Los Angeles, CA apartment units with over 7,100 SF of retail > > Medici South Bixel St, Los Angeles, CA apartment units with over 6,750 SF of retail DA VINCI VISCONTI PIERO I & II MEDICI
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