“Two-tenant buildings with smaller spaces around 15,000 to 24,000 square feet are desirable sizes, and it can be challenging to find similar facilities,” says Kelly Joyce of Colliers.
While landlords from West L.A. to Downtown L.A. to Hollywood are looking to attract creative tenants, Century City has become the hub for traditional tenants.
GlobeSt.com chats with RealShare Healthcare's Trisha Talbot, a managing director in the Phoenix office of Newmark Knight Frank, about patient preferences shifting towards cost or value and how providers are responding.
"This acquisition continues the expansion of our nationwide industrial portfolio, which seeks to secure strong, income-oriented returns at this mature stage of the current real estate cycle,” says Brodie Ruland, ASB senior vice president and Northeast region head.
“Maggie's management experience encompasses multiple tiers of tenant representation, business development and client management, ideally qualifying her for her new position,” says Greg Tait, senior leasing director, Irvine Company Office Properties.
“The property's durable cash flow and attractive yield were a highly compelling investment proposition for the buyer's first US acquisition,” says NKF's Kevin Welsh, whose team brokered the sale.