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Ratkovich Signs Two to 35,000 SF at the Alhambra

ALHAMBRA, CA-Newport Dessert Co. and DeVry University increase occupancy to 92% at the 45-acre mixed-use project, which is transitioning from office park to mixed-use campus.

By John McCloud | Updated on April 22, 2009

ALHAMBRA, CA-The Ratkovich Co. signed two new leases totaling 35,000 square feet at the Alhambra, a 45-acre mixed-use project at 1000 S. Fremont Ave. The deals, with Newport Dessert Co. and DeVry University, increase the occupancy level of the one million square-foot project to 92%.

Newport Dessert, which sells desserts to restaurants and other food purveyors, as well as directly to consumers via QVC, signed a 10-year lease for 19,000 square feet. The deal includes 15,000 square feet of industrial kitchen and distribution space and 4,000 square feet for a 70-seat cafe and restaurant. DeVry, which offers associate, bachelors and masters degree programs in technology, business and management, signed a seven-year lease for 16,000 square feet.

The property consists of a 25-year-old office complex the Los Angeles-based developer is converting into a mixed-use project with office, retail, educational and residential uses. Though the project has attracted a variety of tenants, Victoria Deise Wilson, the Alhambra’s senior development manager, says the project’s campus-like setting, with more than 20 low-rise brick buildings grouped around a carefully landscaped central courtyard and pocket parks, has made it particularly attractive to educational institutions.

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