JEWEL-BOX BUILDING FOR LEASE

Transcription

1 JEWEL-BOX BUILDING FOR LEASE 633 South Olive Street, Los Angeles, CA JOHN ANTHONY, SIOR Senior Managing Director Lic. # Direct CHRIS STECK Managing Director Lic. # Direct CHRIS GIORDANO Director Lic. # Direct

2 LOCATION HIGHLIGHTS facts & FEATURES Jewel-box building centrally located in the heart of Downtown LA Entire building available Ample surface parking lots in the immediate vicinity ½ a block from Pershing Square under redevelopment Within 2 blocks of Metro s Red Line Station High ceilings with an open layout and exterior signage on Olive Street Easy access to numerous restaurants and amenities Additional full basement and mezzanine spaces available; includes a vault OPPORTUNITY AVAILABLE SPACE 6,000 SF - 19,000 SF GROUND FLOOR RENTAL RATE Negotiable 2 ND GROUND FLOOR RENTAL RATE Negotiable Ideal for retail, creative office and jewelry use 633 S. Olive St., LA, CA Charles Dunn Company

3 floor PLANS FIRST FLOOR 5,571 SF FIRST FLOOR MEZZANINE 1,758 SF 633 S. Olive St., LA, CA Charles Dunn Company

4 floor PLANS SECOND FLOOR 5,569 SF 633 S. Olive St., LA, CA Charles Dunn Company

5 Redevelopment Rendering The Renewal of Pershing Square Due to the revitalization of several of its neighborhoods, Downtown Los Angeles thrives with a vibrancy never seen in its history. Areas like the Old Bank District and the Historic Core were once filled with vacant buildings; now they re teeming with brand-new apartment buildings, high-end retail shops and restaurants. As a result, businesses are relocating downtown. Population has increased 150% since 2000, and continues to grow at a rapid pace. New downtown destinations like the BLOC, Grand Central Market and FIGat7th draw tourists and locals alike, both day and night. Think of it as Central Park on the West Coast Pershing Square Park is the heart of Downtown LA. It s also one of the few remaining areas to not receive a facelift. That s about to change. Earlier this year, an international design-team led by the Paris-based Agence Ter were selected to redesign the five-acre park using what they call a radical flatness to open up the space, connecting one part of the city to another, offering visitors both entertainment with concert events and relaxation with its great lawn and reflecting pool. Think of it as Central Park on the West Coast. 633 S. Olive St., LA, CA Charles Dunn Company

6 amenities & PARKING Amenities 1 LA Live 2 Chaya 3 Clifton s 4 LAAC 5 Perch 6 Tender Greens 7 Los Angeles Theatre 8 Cicada Parking Bottega Louie Pitchoun Bakery Whole Foods The Bloc CVS Pharmacy Water Grill Pershing Square The Standard Athena Parking (Pershing Square) 2 SP Plus Corporation 3 Central Parking System 4 ABM Parking Services 5 Paragon Parking 633 S. Olive St., LA, CA Charles Dunn Company

7 Top Activities Dine-in Restaurant 70% Sight-seeing/Photo-taking 44% Hang out with friends 42% People-watch 38% Visit Museum or Art Gallery 22% Population Trade area (resident) population of 50,000 Day time population of 500K Popular Venues Staples Center Dodger Stadium Expo Park/USC The Music Center Microsoft Theater ACE HOTEL about DTLA Shopping 49% between % shop near work 7.4 times per month (vs. a benchmark of 2.6) On average spends $ (vs. $ benchmark) live but don t WORK HERE live & WORK work but don t LIVE HERE MEDIAN AGE BA OR HIGHER 76% 80% 73% MEDIAN INCOME $ 96.6k $ 99.9k $ 99.6k TERRONI DTLA BID 633 S. Olive St., LA, CA Charles Dunn Company

8 633 S. OLIVE ST. los angeles CALIFORNIA Contact: JOHN ANTHONY, SIOR Senior Managing Director Lic. # Direct CHRIS STECK Managing Director Lic. # Direct CHRIS GIORDANO Director Lic. # Direct CHARLES DUNN COMPANY 800 West Sixth Street, Suite 800 Los Angeles, CA Lic. # S. Olive St., LA, CA Charles Dunn Company