A Fresh Take on CRE

LA Weekly Comp Digest: Guggenheim Partners Renews in Santa Monica, Harman Audio Signs New Lease in Rancho Cucamonga, and More!




Every Wednesday we compile a digest of some recent deals from the CompStak database.  This is for week of 7/24/13.  We hope you will find the information helpful.    




Guggenheim: Please Enable Images to View

Global Financial Firm Renews in West LA

Guggenheim Partners, a privately held company with over $180 billion in assets under management, decided to stay in its 12,000 SQFT office space at 100 Wilshire Boulevard.  GP will pay landlord, Douglas Emmett, $5.55 PSF (up from $3.55 starting rent in 2008) with escalations of 4% per year for 7 years plus 2 months of free rent for the class A building. Please log in to your CompStak account before clicking on the link Get the Guggenheim Partners 2013 comp Get the Guggenheim Partners 2008 comp

   



Harman: Please Enable Images to View

Harman International Industries Signs New Lease in Mira Loma

The audio and infotainment company recently leased just under 267,000 SQFT of warehousing and distribution space at 13366 Philadelphia Avenue.  Harman will pay real estate owner, Vintage Park East, $0.30 PSF with 0.01% escalations for 3 years and 4 months plus 2 months of free rent. Please log in to your CompStak account before clicking on the link Get the Harman International Industries comp

   



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US Trust Renews in Downtown LA

The private bank that serves the needs of high and ultra high net worth families and individuals opted to remain at its 38,000 SQFT office space in the City National Plaza building, owned by Thomas Properties Group, at 515 South Flower Street.  The firm will pay $1.92 PSF with escalations of 4% for 5 years with 3 months of free rent for its space in the class A building. Please log in to your CompStak account before clicking on the link Get the US Trust comp