In its search for prospective tenants, the landlord is casting a wide net. “Tenants that want to provide a great working environment both inside their office and outside in our beautifully landscaped grounds,” says de Briere. “Our property was developed by an engineering firm and therefore innovation is at our core. We welcome anyone that strives to be in a healthy, innovative work environment to start or grow their businesses in a cost-effective and environmentally efficient workplace.”

LOS ANGELES—The Ratkovich Co. has signed 200,000 square feet in lease expansions, extensions and new leases at the Alhambra, a 45-acre mixed-use campus in Downtown Alhambra. These signings bring the property's occupancy to 70%, and, with this momentum, the Ratkovich Co. expects to reach 90% occupancy by the end of the year.

“Extensions/expansions are always a positive sign for any property,” Clare de Briere, COO and EVP at the Ratkovich Co., tells GlobeSt.com. “We generally maintain a tenant retention rate in the 80% range, which speaks very positively to the type of landlord that we are and what we have to offer our tenants and their employees – from award-winning, landscaped gardens with multiple walking paths, to outdoor summer lunchtime concerts and putting contests. We promote an innovative atmosphere here at The Alhambra and have existing uses that complement each other well, which in turn have brought us new tenants who want to be in close proximity to their “partners.”

The lease expansions and extensions at the property made up the bulk of the leased space. Eastern Los Angeles Regional Center for the Developmentally Disabled expanded its 32,000-square-foot space to 100,000 square feet, and the County of Los Angeles renewed its 148,447-square-foot lease through 2020. AHMC Healthcare also renewed its 16,676-square-foot lease. New tenants are the property includes FirstSteps for Kids and American College of Commerce & Technology, which each leased roughly 6,500 square feet at the office campus.

Although occupancy at the property has seemingly has been slow to fill, de Briere disagrees. “Despite losing two large tenants to bankruptcy and reorganization shortly after the recession, we have had consistent occupancy through the downturn,” she explains. “The good news is that we are very close to getting back to our historic occupancy rates with current deals.”

In its search for prospective tenants, the landlord is casting a wide net. “Tenants that want to provide a great working environment both inside their office and outside in our beautifully landscaped grounds,” says de Briere. “Our property was developed by an engineering firm and therefore innovation is at our core. We welcome anyone that strives to be in a healthy, innovative work environment to start or grow their businesses in a cost-effective and environmentally efficient workplace.”