NAI Capital Completes Lease on Behalf of the American Industrial Real Estate Association
Los Angeles, CA – April 9, 2019 – Executive Managing Director Joseph Faulkner with NAI Capital’s Tenant Consulting Group and Corey Spound of Tamarack RES, Inc. negotiated a 6,594 square foot, long-term lease on behalf the American Industrial Real Estate Association (AIR CRE) at the Pacific Financial Center in downtown Los Angeles, California. The owner was Pacific Financial Equities, LLC. The lease was valued at approximately $4M.
Pacific Financial Center located at 800 W 6th Street is a unique 227,833 square foot, 18-story, class A office building located in the heart of the Financial District of downtown Los Angeles. Amenities includes a new ground-floor full service restaurant with outdoor patio seating and bar. The building is in a prime central downtown location with proximity to the 110 freeway, Metro and Union Station Commuter Rail. The AIR CRE will use this location to expand services to their broker-client base and will serve as their new headquarters location.
Founded in 1960, the American Industrial Real Estate Association is the nation’s largest and most respected organization of industrial and commercial real estate brokers. AIR is an association of industrial and office real estate brokerage professionals dedicated to providing superior information, industry standards, services, and education by mutual cooperation among its members for the benefit of their clients and the business community. About the AIR CRE https://www.aircre.com/
Faulkner said, “AIR CRE is very happy to be at the Pacific Financial Center. They are a joy to work with, and they care about the brokerage community they serve. This location places them in an excellent central location.”
About NAI Capital
NAI Capital is the largest independently owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, a leading global commercial real estate services firm with more than 375 brokerage offices and over 6,700 professionals spanning the globe, NAI Capital provides a complete range of transaction, valuation, investment, property management and consulting services. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, investors and developers throughout Southern California. NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.
NAI Capital Brokerage CA BRE #01990696.
To learn more, visit www.naicapital.com
About NAI Global
Founded in 1978, NAI Global is a leading global commercial real estate services firm with more than 375 brokerage offices and over 6,700 professionals located throughout North America, Latin America, Europe and Asia Pacific. The firm manages over 380 million square feet of property on behalf of its clients, globally. The NAI Global Capital Markets Group serves the largest institutional owners of and investors in commercial real estate.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naiglobal.com.
# # #