LOS ANGELES—Avison Young, Canada’s largest independently-owned commercial real estate services company, has completed a 19,279-square-foot office lease with Child and Family Guidance Center (www.childguidance.org). The lease term is for eight years and is valued at approximately $4 million. The space is located at 40005 10th Street West in Palmdale, CA. Built in 2009, the two-story property totals 27,000 sf and is now fully occupied.
Avison Young Principal Michael Dettling, based in the company’s Los Angeles North office, represented the property owner, Dr. John Kayvanfar, MD, who is also a tenant in the building. Child and Family Guidance Center, a non-profit organization providing family counseling, child mental healthcare, supportive social services, and linkages to needed community resources, was represented by Rick Pearson of Cresa Partners.
“This property offered Child and Family Guidance Center favorable lease terms, plentiful parking, sufficient contiguous space, and an open design with floor-to-ceiling windows allowing for maximum natural light,” comments Dettling. “The tenant will also be able to custom-create its new environment from raw space. Both the landlord and tenant were creative in negotiating the build-out according to the tenant’s specific needs.”
“The center is increasing our office space by approximately 3,000 sf, resulting in a 17% increase in space. We are enlarging several areas, including the waiting room, adding a parent resource library, several group rooms, and a few extra offices,” states Jeff Adler, Director of Operations with Child and Family Guidance Center. “This move will allow for a modest increase in our capacity, both in terms of more children being served and greater program offerings.”
Over the past four years, Avison Young has grown from 11 to 43 offices and from 300 to more than 1,100 real estate professionals across Canada and the U.S.