MARINA DEL REY, CA-Brookfield Properties has signed tenants to office leases totaling nearly 26,000 sf here at Brookfield Properties’ 381,000-sf Marina Towers at 4640 Admiralty Way and nearly 34,000 sf at the company’s 440,000-sf Landmark Square at 111 W. Ocean Blvd. in Downtown Long Beach. Terms of the deals were not disclosed, but sources indicate that asking rates for the Marina del Rey towers are in the low $3 per sf per month range, full service gross, and about $2.35 to $2.55 per sf per month FSG at the Landmark Square building.

The new leases include five corporate headquarters for firms in the healthcare, finance, entertainment and energy industries. The deals at the Marina Towers ranged from 1,300 sf to 15,700 sf, and those in Long Beach from 3,900 sf to 13,215 sf.

The 15,700-sf lease at Marina Towers was with Emerald Health Services for its corporate headquarters. Emerald was represented by Brad Gross of Equis Corp.

The other tenants included, A American Funding Source, Peace Arch Entertainment Group and Del Rey Real Estate. The first three were represented, respectively, by Jeff Lipson of Stone Miller, Eric Adams of Trammell Crow and Mark Robinson of Studley, with Del Rey Real Estate representing itself.

At Landmark Square, the two largest deals were a 13,215-sf expansion by Thums Long Beach and a 10,555-sf renewal by Tesoro Petroleum, represented respectively by Kimball Wasick and Bob Alperin, both of Cushman & Wakefield. The other two were a 6,045-sf corporate headquarters lease by Pacific Energy Resources and a 3,900-sf renewal by RT Beers, with Pacific represented by Tom Sheets of Trammell Crow and RT Beers represented by Tim Vaughn of CB Richard Ellis.

Brookfield was represented in all of the transactions by Beth Sydow, leasing manager. Brookfield, based in New York, owns a portfolio is interests in 106 office properties totaling 73 million sf.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.