5670 wilshire blvd
TRANSCRIPT
5670 WILSHIRE
BLVDLos Angeles, CA
BUILDING RENOVATIONS
UNDERWAY SOON
LEASE INFORMATION
Lease rate: $4.00 - $4.50 PSF FSG
Parking: 3:1,000 SFCovered $181Reserved $286
AVAILABILITIES
Denotescontiguous
spaces
Suite Sq. Ft. Suite Description
# 600 5,953 SPEC suite: corner executive office, 2 window offices, large glass conference, open kitchen, large bull pen area
# 750 4,916Available: Available 9/1/19; Double door elevator ID, window conference, 1 corner window office, 5 window offices, break room with kitchen, open work area, interior office, storage room, large open area
# 850 7,743SPEC suite: 14 window offices, window conference, break area with kitchen, 6 interior offices, storage, copy area, large open bull pen
# 1350 2,750 SPEC suite: window conference, 1 window office, 1 interior office, kitchenette, IT closet, open area
# 1400 10,250 White Boxed: Potential full floor opportunity
# 1500 15,412 White Boxed: Full floor opportunity
# 1790 948 Available 6/1/19:
# 1950 6,468 SPEC Suite: Largely open work/colab space, large window conference room, kitchenette
# 2100 12,175 Available 3/1/19:
#2150 1,251 Available 2/1/19
# 2170 1,433 Available 4/1/19:
INTERIOR SUITE PHOTOS
AMENITY MAP
EQUINOX • LA FITNESS • THE COUNTER • RALPHS • RITE AID • STARFISH SUSHI • WHOLE FOODS • THE GROVE • PAN PACIFIC PARK • LACMA •JOAN’S ON THIRD • TRADER JOE’S • STARBUCKS • MIXT • CALLENDER’S GRILL • WHICH WICH • BLACK DOG COFFEE • IHOP • RAY’S AND STARK BAR •PETERSEN AUTOMOBILE MUSEUM • LA BREA TAR PITS & MUSEUM • THE COUNTER • JOHNNIES PIZZA • TOM BERGINS • CVS PHARMACY • ROBATA JINYA • MERCADO • SON OF A GUN • MOCA PACIFIC DESIGN CENTER • SWEET GREEN • ZIMMER CHILDREN’S MUSEUM • FOTO DE CHÃO • SIMPLE THINGS • LAWRYS • THE ROOF OF WILSHIRE
2
Office Suite 100
Aquent LLC
Eastdil Secured, as exclusive advisor, is pleased to present the opportunity to acquire 5670 Wilshire (the “Property”), a 27-story, landmark Class A office tower totaling 445,000 square feet, with five penthouse residential units, over 39,000 square feet of storage and a detached 6-story parking structure. Located in the heart of Westside’s Media Mile district and designed by Charles Luckman Associates and developer J.H. Snyder as the headquarters location for California Federal Bank, 5670 Wilshire is the second tallest tower in the submarket and features a recently renovated lobby, a newly landscaped courtyard, and offices with full height, floor-to-ceiling glass windows that provide some of the most spectacular city, mountain, and ocean views offered by any building in Los Angeles.
Currently ~92% leased, 5670 Wilshire has undergone significant repositioning (total of $27.5 million of which $9.2 million is base building). Capital investment includes, lobby, plaza & courtyard renovations, vacant space and tenant build out improvements, new base building and common area finishes, as well as mechanical system upgrades. The Property’s central location offers tenants a tremendous amenity base of restaurants, retail and cultural attractions, direct access to the future Fairfax and La Brea Metro Purple Line stops, as well as convenient commutes to some of the most prestigious residential communities in Southern California.
NEW LANDSCAPING & HARDSCAPING PLANNED
COMING SOON... LOBBY AND COMMON AREA UPGRADES
LUXURY BUILDING AMENITIES ARE IN THE WORKS
2
Office Suite 100
Aquent LLC
Eastdil Secured, as exclusive advisor, is pleased to present the opportunity to acquire 5670 Wilshire (the “Property”), a 27-story, landmark Class A office tower totaling 445,000 square feet, with five penthouse residential units, over 39,000 square feet of storage and a detached 6-story parking structure. Located in the heart of Westside’s Media Mile district and designed by Charles Luckman Associates and developer J.H. Snyder as the headquarters location for California Federal Bank, 5670 Wilshire is the second tallest tower in the submarket and features a recently renovated lobby, a newly landscaped courtyard, and offices with full height, floor-to-ceiling glass windows that provide some of the most spectacular city, mountain, and ocean views offered by any building in Los Angeles.
Currently ~92% leased, 5670 Wilshire has undergone significant repositioning (total of $27.5 million of which $9.2 million is base building). Capital investment includes, lobby, plaza & courtyard renovations, vacant space and tenant build out improvements, new base building and common area finishes, as well as mechanical system upgrades. The Property’s central location offers tenants a tremendous amenity base of restaurants, retail and cultural attractions, direct access to the future Fairfax and La Brea Metro Purple Line stops, as well as convenient commutes to some of the most prestigious residential communities in Southern California.
The long-awaited construction of the Metro Purple Line Extension is now underway. Continuing from the current terminus at Wilshire/Western, the Purple Line will extend westward for approximately nine miles with seven new stations, providing a dependable, high-speed, and high-capacity alternative for those traveling to and from West Los Angeles destinations such as the Media Mile, and eventually Beverly Hills, Century City, and Westwood.
METRO PURPLE LINE
POTENTIAL TRANSIT EFFECT
The project will be completed in three phases, with the initial phase running 3.9 miles including three stations (Wilshire/La Brea, Wilshire/Fairfax, Wilshire/La Cienega) set to open in 2023. Located between the future Wilshire/Fairfax and Wilshire/La Brea stations, 5670 Wilshire will offer convenient access to the region’s growing rail network.
Upon full completion of the Phase III extension, scheduled for 2024, commuters will travel entirely below ground in just 25 minutes between Downtown Los Angeles and the final west-end terminus at Westwood/VA Hospital.
5670 Wilshire and Media Mile are poised to benefit from this transit effect already realized within the surrounding West Los Angeles submarkets.
JEFF PION Lic. 00840278+1 310 550 [email protected]
DERON WHITELic. 00971786+1 310 550 2547 [email protected]
MICHELLE ESQUIVEL-HALLLic. 01290582+1 310 550 [email protected]
CONTACT
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