A Fresh Take on CRE

LA Weekly Comp Digest: New Flyer of America Signs New Lease in Ontario, United Overseas Bank Renews, and More!

Every Wednesday, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.
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Ontario: New Flyer of America Signs New Lease

The leading manufacturer of heavy duty buses in America recently signed a new lease for over 103,000 SQFT of class B warehouse/distribution space 2880 East Jurupa Street.  NFA will pay rent in the high-$0.30s for the 6-year lease term, while enjoying about half of a year of free rent.  
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Los Angeles: United Overseas Bank Renews Downtown  UOB, the premier bank in the Asia-Pacific region, recently decided to remain in its 4,700 SQFT, class A space in the beautiful 777 Tower at the corner of South Figueroa and Wilshire, downtown.  The company will pay rent starting near $2.00 PSF for the 10-year lease, and will receive its 6 months of free rent at the end of the term.   Get the United Overseas Bank comp  
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Irvine: Law Offices of Leslie Zieve Signs New Lease at 30 Corporate Park

A firm that offers legal counsel to banking, business, and entrepreneurial clients recently signed for 11,000 SQFT of class B office space in the Corporate Park Plaza building.  Landlord, Olan Properties, agreed to rent starting around $1.65 PSF for the 4-year, 4-month lease for the full-service space.   Get the Law Offices of Leslie Zieve comp