LOS ANGELES—Rumors are flying that the Rams, Los Angeles' new NFL team, may be planting their team's headquarter offices in Agoura Hills. According to some industry sources, the Rams are close to signing a deal with Realty Bancorp Equities for a 50,000-square-foot office space at 29899 Agoura Rd. in Agoura Hills. The football team would lease the space for a short term until the Inglewood stadium is complete in 2019.

The property was formerly leased by PHQ, which went out of business a few years ago. The building has been vacant since. The deal still hasn't been signed, despite Rick Principe, chief executive of the Westcord Commercial Real Estate Services, announcing the deal at a conference in the Conejo Valley last week.

An unnamed but very reliable industry source, however, tells GlobeSt.com that the “deal has not landed,” and that story going around is “not accurate.” “I think that Norm Kravatz [the owner of Realty Bancorp Equities] probably reached out the Rams, but from my contacts, both on the brokerage side and in the community, I don't think that deal has landed yet.” Kravatz did not respond to a request for comment about the lease transaction, and has not publicly confirmed the deal.

The Rams are expected to make a big impact in the Los Angeles commercial real estate market when they arrive later this year. The extent of that impact has yet to be realized.

Instant Insights /

Rams Look in Agoura Hills for Team Headquarters

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