Ratkovich Signs 200,000SF at Alhambra

The Alhambra is a 45-acre mixed-use office campus.

LOS ANGELES—The Ratkovich Co. has signed 200,000 square feet in lease expansions, extensions and new leases at the Alhambra, a 45-acre mixed-use campus in Downtown Alhambra. These signings bring the property’s occupancy to 70%, and, with this momentum, the Ratkovich Co. expects to reach 90% occupancy by the end of the year.

“Extensions/expansions are always a positive sign for any property,” Clare de Briere, COO and EVP at the Ratkovich Co., tells GlobeSt.com. “We generally maintain a tenant retention rate in the 80% range, which speaks very positively to the type of landlord that we are and what we have to offer our tenants and their employees – from award-winning, landscaped gardens with multiple walking paths, to outdoor summer lunchtime concerts and putting contests.  We promote an innovative atmosphere here at The Alhambra and have existing uses that complement each other well, which in turn have brought us new tenants who want to be in close proximity to their “partners.”