X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-Maxxam Enterprises of Beverly Hills has completed the development firm’s new 60,000-sf wholesale center at 777 E. 2th St. The project project provides space for stores and showrooms specializing in wholesale women’s fashions and apparel.

The center’s location is at 12th and Towne Avenue, a key intersection within the Fashion District of Los Angeles, notes Behrouz Soroudi, a Maxxam principal. The new development, which features space for stores and showrooms on its ground and mezzanine levels, also includes parking, a big selling point in a high-traffic commercial area like the Fashion District, Soroudi points out. In addition to the stores and showrooms, the building features a branch of Pacific City Bank that recently opened on the second floor.

The 777 E. 12th St. project expands a growing portfolio of properties owned and under development by Maxxam. The company specializes in the acquisition of value-added properties as well as the development and repositioning of unique assets. Its portfolio comprises retail, office, hotel, industrial, residential and mixed-use properties throughout California, Hawaii and the Western US.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.