FOR IMMEDIATE RELEASE
COLDWELL BANKER COMMERCIAL WESTMAC ANNOUNCES LARGE LEASE TRANSACTION IN WEST LOS ANGELES
April 15, 2012
WEST LOS ANGELES, CA – New West Charter School has leased 50,000 square feet for fifteen years at 1905 Armacost in West Los Angeles. The new high school will occupy the entire property.
“New West is a top performing middle school and the Armacost site will enable the school to expand its educational footprint on the Westside”. Geno St. John said. Cory Campbell added, “With such a strong demand for quality public education, the expanded New West program will be a true benefit to the community and a model for the on-going charter school movement.”
Historically the building has been utilized for manufacturing, assembly, storage and other industrial uses but will be completely renovated into a “state-of-the-art” school facility.
Dennis Smith and Cory Campbell of Travers Realty represented the school. Geno St. John, William Althouse and T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the landlord, a private family, in the negotiations.
About Coldwell Banker Commercial Affiliates, Inc.
Coldwell Banker Commercial WESTMAC is a Los Angeles based commercial real estate brokerage firm founded in 1988 by one of L.A.’s most recognized commercial real estate brokers Timothy C. Macker. Our firm is a full service real estate company that provides exemplary consultation, advisory and marketing services to property owners, users, developers and investors. Since 2000, the company has been an affiliate and franchisee of Coldwell Banker Commercial organization tracing its roots back to 1906.
Our 30+ professionals specialize in four distinct market niches: office, industrial, retail and multi-family properties. Among the primary services the firm provides are exclusive marketing of both for-sale and for-lease properties, representation of tenants seeking to lease commercial space, and consultation to real estate investors, developers and owners on the disposition or acquisition of commercial property.
The firm, which is 100% privately held, has been the top producing affiliate worldwide for Coldwell Banker Commercial for the last 3 years and 9 years in the “Commercial Elite” which honors the top 15 out of 220 offices worldwide. In addition to being the #1 office, we also had the distinction in 2007 and 2009 of having the #1 producer out of 3,400 professionals worldwide. The firm’s milestones are also apparent by the quality of its clients, which include major corporations to small businesses to individual investors.
Our standard is “The client’s best interest must be the guiding force behind all services.”