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With a healthy supply of office space in the L.A. market, tenant brokers say that landlord reps should abandon the no-quote strategy on marketing materials.
The copious amount of data that technology provides is actually making capital deals more complicated, and it is increasing the need for capital markets experts to guide a deal.
The city council approved a transportation master plan including $415 million of projects, with the city's half-cent sales tax levy for transportation paying for $125 million of that total, along with other downtown projects.
The 337,892-square-foot property consists of 16 three-story buildings. Waypoint Residential recently upgraded all unit interiors, which resulted in a notable rent increase and therefore now presents a strong value-add opportunity for the new ownership, according to Cushman & Wakefield.