join neighboring tenants PROPERTY DESCRIPTION Location 437 Broadway, Los Angeles, CA 90013 Available Spaces Ground Floor: ±2,111 SF, $3.50/SF/Month, NNN (retail) Mezzanine: ±4,000 SF, $2.50/SF/Month, NNN (office) 2nd Floor: ±17,000 SF, $2.50/SF/Month, NNN (office) 3rd Floor: ±17,000 SF, $2.50/SF/Month, NNN (office) Grand Central Market 4th St. PROPERTY HIGHLIGHTS Large floor plates - each approx. 17,000 SF - Mezz., 2nd, 3rd floors can be combined Anchor tenant: Planet Fitness, ±29,000 SF (majority of ground floor and basement) 1 block from the 5th and Hill Street Red Line Subway Station as well as the Grand Central Market, which is being repositioned as a gourmet-driven farmer s market One of the only properties along Broadway that links the Financial District with the Historic Core Adjacent to Hotel Clark, which is being converted into a 4-star, 300 room boutique hotel as well as the famed Pershing Square Building, one of Downtown s most popular creative office buildings that boasts a 3-level rooftop restaurant, bar, and lounge (Perch) Fully retrofitted property with ample area parking Entrance Hill St. 5th St. Broadway Entrance
AERIAL MAP 416 Broadway 14 4 3 12 11 2 10 1 13 5 6 7 15 9 8 Area Developments 1. Pershing Square: two farmer s markets per week; dog park; summer concert series; winter ice rink 2. Title Guarantee Lofts: 76 apartment lofts 3. Development Site: entitled for 1,000 residential units; hotel; retail 4. Metro 417: 280 apartment lofts 5. Perch: 3 level rooftop bar; lounge; restaurant 6. Pershing Square Bldg.: fully occupied high-end creative office bldg. 7. Metropolitan Lofts: 80 apartment lofts 8. Chester Williams Building: 88 apartment lofts 9. Judson Lofts: 60 apartment lofts 10. Development Site: 34 story; 480 unit high-rise residential tower 11. Clark Hotel: 300 room, 4 star boutique hotel close to completion Area Parking 12. Surface Parking Lot (until property is developed) 13. Pershing Square Parking Garage: 2,000 spaces, open 24/7 14. Surface Parking Lot 15. Parking Garage: 150 spaces
ENTRANCE HILL STREET ENTRANCE Roof Roof 3rd Floor 3rd Floor 2nd Floor 2nd Floor Mezzanine Mezzanine ELEVATION 1st Floor HILL ST. ELEVATION 1st Floor HILL ST.
437 3rd Floor - 17,000± SF 2nd Floor - 17,000± SF HILL ST. Mezzanine - 4,000± SF 1st Floor - 2,111± SF LEASED LEASED office space can be combined (38,000± SF) retail space (3,500± SF)
The New Downtown Los Angeles As Angelenos celebrate the 16th year of the Downtown LA Renaissance, the statistics reflect a booming, 24/7, vibrant Downtown LA. The growth and redevelopment since 1999, when Staples Center opened and the Adaptive Reuse Ordinance passed, has been constant and has spurred a transformation. NEARLY TRIPLED Population Growth 18,700 1999 57,797 2014 Residential Units 11,626 1999 33,776 2014 Price of a One Bedroom Condo (PSF) $168.61 1999 $520.00 2014 CONTINUED GROWTH DOUBLED OPEN FOR BUSINESS Hotel Rooms 7,961 Current Inventory 2,164 Under Construction Residential Units 33,776 Current Inventory 7,408 Under Construction Property Value $4.8 billion 1999 $11.1 billion 2014 700+ New restaurants, bars, retail, nightlife, and amenities 2008-2013 $19.1 billion Invested 1999-2014 1,469 Pipeline 14,058 Pipeline A VIBRANT COMMUNITY $98,700 avg. median household income of residents 75% of residents are between the ages of 23-44 80% of residents have a college degree or higher 500,000 employees 10 million annual visitors 14.9 million passengers travel through the 7th St./ Figueroa Metro station annually $1,163,500,000 Arts & Entertainment $2,604,700,000 Civic & Institutional $5,729,500,000 Mixed-Use $7,265,400,000 Residential $898,800,000 Commercial $1,500,000,000 Figueroa Corridor/Expo Park TOTAL Investment in Downtown L.A. 1999-2014 $19,161,900,000