Artisan Realty Advisors and Starwood Capital Group acquire 1.6m SF Office Campus in El Segundo, CA

Artisan Realty Advisors is pleased to announce the purchase of PCT, its second recent El Segundo, CA acquisition with Starwood Capital Group.  PCT (formerly known as Pacific Corporate Towers) is an iconic, three tower office campus totaling 1.6 million square feet on 11.75 acres in El Segundo, California.  Prominently located on Sepulveda Boulevard between El Segundo and Grand Boulevards, this award-winning project's scale presents the unique opportunity to offer tenants a best-in-class workplace environment complete with a distinguished amenity package including on-site fitness and basketball court, two restaurants, and shared conferencing facilities for both small and large scale private events as well as outdoor meeting areas throughout.  In the near future, Artisan Realty Advisors will commence its improvement plan to modernize and renovate over 40 elevators throughout the campus, enhance common area lobbies, restrooms, corridors and outdoor spaces, and elevate the quality of the existing amenity base and community events in order to further solidify PCT's place as the home to Los Angeles' and the South Bay's most discerning companies.

About Artisan Realty Advisors
Artisan Realty Advisors is a privately-held Southern California based real estate investment and operating company. The firm invests in core-plus, value-add and opportunistic office and mixed-use assets in select submarkets within Los Angeles, Orange County and San Diego. The Principals have an extensive track record of creating value through the acquisition, development, redevelopment and asset management of over 10.0 million square feet of office properties representing over $4.2 billion of transaction value. For more information, please visit www.artisanra.com.

Artisan Realty Advisors teams up with Starwood Capital Group to acquire Continental+Grand

Artisan Realty Advisors is pleased to announce the acquisition of Continental + Grand, a 490,000 square foot mid-rise creative office campus located on 8.7 acres of land in El Segundo, the South Bay’s premier business district.  The acquisition was made in partnership with Starwood Capital Group, one of the largest real estate private equity firms in the world.  Known for its concentration of aerospace and defense companies in past cycles, the new El Segundo market has seen an influx of entertainment, media, advertising, apparel and technology companies attracted by the area's burgeoning amenity base, central location, and proximity to high-quality schools and housing in the Beach Cities.   Continental + Grand is able to offer today's high-density users ample parking ratios as well as a short walk to the Metro Green and Crenshaw light rail lines connecting to Downtown and West LA.  Artisan Realty Advisors is in the planning stages of an extensive renovation which will enhance the campus' amenity offerings including an expanded and renovated fitness center, further activation of the central courtyard through the addition of a tenant lounge and an improved cafe, creation of shared conferencing facilities, and upgrades to the elevators, lobbies, restrooms and corridors.

 

About Artisan Realty Advisors
Artisan Realty Advisors is a privately-held Southern California based real estate investment and operating company. The firm invests in core-plus, value-add and opportunistic office and mixed-use assets in select submarkets within Los Angeles, Orange County and San Diego. The Principals have an extensive track record of creating value through the acquisition, development, redevelopment and asset management of over 8.5 million square feet of office properties representing over $3.6 billion of transaction value. For more information, please visit www.artisanra.com.

Artisan Realty Advisors and Brightstone buy Lantana Media Campus

Artisan Realty Advisors and Brightstone Capital Partners, a global real estate investment management platform, have formed a joint venture to acquire Lantana Media Campus in Santa Monica, CA, a four-building office campus totaling 478,713 square feet on approximately 12 acres.

The Class A property is located within the Santa Monica Media District in the heart of “Silicon Beach,” the area’s premier hub for entertainment, media, technology and advertising companies. Conveniently located along the recently completed Metro Expo Line, Lantana Media Campus offers a variety of building types suited to both large and small tenants, particularly those seeking a unique “creative office” campus environment.

“Santa Monica’s strategic location and amenity-rich environment make the area one of the top submarkets in Southern California,” stated Dennis Irvin, Douglas Lee and John Rivard, Managing Directors of Brightstone Capital Partners. “It is one of the most supply constrained markets in the country, making the acquisition of Lantana Media Campus an extraordinary opportunity for Brightstone and one that is consistent with our model of acquiring unique, high quality assets in advance of offering interests to our investors.”

The new ownership will embark on a comprehensive, multi-million dollar renovation program, ensuring that Lantana will meet the standards of even the most discerning creative companies. Planned upgrades to the property include fresh, contemporary approaches to the lobbies, elevators and restrooms, as well as new enhancements designed to activate and energize interior private courtyards and the addition of a robust, on-site amenity package.

“As the new stewards of this appealing property, our goal is to create a world-class media campus in Santa Monica,” said Mark Laderman and Collin Komae, Co-Founding Partners of Artisan Realty Advisors. “Today’s top creative people seek a work environment that maximizes the potential for collaboration and is also highly amenitized. We are confident that Lantana will increasingly be their new location of choice.”

Los Angeles-based Mesa West Capital provided the acquisition financing, with a portion of the loan proceeds to be used for capital improvements and leasing costs. Steve Fried and Jason Bressler represented Mesa West.

About Brightstone Capital Partners
Headquartered in New York, Brightstone Capital Partners is a global commercial real estate investment management platform established in partnership with Vanke, one of the world’s largest real estate development and services companies. Financial commitments from the firm’s founding partners enable Brightstone to create investment solutions with flexible, transparent structures and ownership that is aligned with investors. Brightstone Capital Partners is the sole owner and corporate parent of Brightstone Investment Advisors, an SEC registered investment advisor.* For more information, please visit www.brightstonecap.com.

* Any reference to Brightstone as an SEC registered investment advisor does not imply a certain level of skill or training.

About Artisan Realty Advisors
Artisan Realty Advisors is a privately-held Southern California based real estate investment and operating company. The firm invests in core-plus, value-add and opportunistic office and mixed-use assets in select submarkets within Los Angeles, Orange County and San Diego. The Principals have an extensive track record of creating value through the acquisition, development, redevelopment and asset management of over 8.0 million square feet of office properties representing over $3.4 billion of transaction value. For more information, please visit www.artisanra.com.

Announcing Artisan Realty Advisors!

We are pleased to announce the formation of Artisan Realty Advisors, a privately-held Southern California based real estate investment and operating company.  The firm will target core-plus, value-add and opportunistic office properties is key submarkets within Los Angeles, Orange County and San Diego.  The Principals of Artisan Realty Advisors have a long track record in these markets having acquired, developed, re-developed and managed over 7.5 million square feet of office buildings totaling over $3.0 billion in transaction value.  The company and its investors will seek opportunities where value can be created by the appropriate combination of capital and real estate operational expertise.  The Principals of the firm have been the driving force behind some of the largest and most impressive work environments in Southern California.

Sincerely,

Mark R. Laderman, Managing Partner

Collin R. Komae, Partner