CCIM

Commercial Real Estate, CRE News

New Listing: For Sale – Santa Monica – Small Leased Investment


No Comments

3221 Pico Boulevard, a highly visible single-story commercial retail space located in one of Los Angeles’s most exciting neighborhoods for food, culture and entertainment – Santa Monica. In a market with very high demand and very few opportunities, this is a rare opportunity to own in prime Santa Monica.

The subject property is nestled along the heavily-traveled Pico Boulevard, surrounded by an amenity rich area walking distance from its doors, and encircled by a dense affluent residential population. It is currently leased to a restaurant tenant The property is near the 10 and 405 Freeways, giving travelers easy access to all parts of the City, including Santa Monica’s most famous attractions: the beach, pier, and world-class shopping & entertainment.

The property is strategically located in an excellent Santa Monica location bordering West Los Angeles. Westwood, Brentwood, Mar Vista, Venice and Pacific Palisades are adjoining neighbors, while walkable amenities include Trader Joe’s, Whole Foods Market 365, UnUrban Coffee House, Chase Bank, Rejuice, Crossfit Reflex, The Upper West, Valentino, and many more.

Download Property brochure here: 3221 Pico Blvd – OM

IMG_002

Commercial Real Estate, CRE News

New Listing For Sale in West LA | Multi-Tenant Retail & Office Building | Owner-User or Investment


No Comments

10507 W. Pico Boulevard is a recently renovated office/retail building comprised of approximately 5,772-rentable-square feet on approximately 4,633-square feet of land located one block West of Beverly Glen Boulevard in West Los Angeles.

The property is made up of 3 units: a retail unit currently leased to an optometrist, a vacant retail unit previously leased to a restaurant, and a recently renovated, vacant second floor office unit which features a mezzanine level. The building recently underwent major capital improvements including new skylights, new balconies, and a new roof. There is a rear parking lot with room for approximately 5-7 cars, and ample of parking along the street and surrounding neighborhoods.

Built in 1981, the property offers tenants excellent visibility along Pico Boulevard, a major Los Angeles street that runs from the Pacific Ocean in Santa Monica to Central Avenue in Downtown Los Angeles. 10507 W. Pico Boulevard is close proximity to major amenities including shopping, dining, and entertainment, in addition to accessible transportation, and major area employers that includes Google’s future headquarters at the former Westside Pavilion, UCLA, and Fox Studios.

Property brochure: 10507 W Pico Blvd – OM

IMG_9736

Commercial Real Estate

New Listing in West LA: Office/Medical with Billboards Along Santa Monica Blvd


No Comments

01152018002

11669 Santa Monica Boulevard is a unique opportunity for an investor or owner-user looking for a prime medical office building in one of the most desirable urban office and retail markets in the world. Located along the north side of the famous Santa Monica Boulevard one-half block east of South Barrington Avenue, the property consists of a ±7,658-square feet two-story building approximately on ±8,028-square feet of land. The city allows ±1,846 square feet of the building for medical space use. Two billboards on the roof allow for additional income or personal use, while a spacious open-air parking lot located behind the building. 11669 Santa Monica Boulevard is surrounded by various retailers and restaurants with access to plenty of street parking and public transportation.

Find property information and download the property brochure here: 11669 Santa Monica Boulevard

Commercial Real Estate, CRE News

Q&A with T.C. Macker: How to Stand Out in a Crowded Market


No Comments

Want some tips on how to stand out in a crowded market? Click here to read my Q&A session in the latest edition of Commercial Investment Real Estate Magazine.

“I’m very niche-focused,” T.C. Macker, CCIM, says.

In the competitive Los Angeles real estate market,  that focus has proven successful for Macker, president and managing director of Coldwell Banker Commercial WESTMAC. During the past 14 years, he’s earned a consistent string of awards from Coldwell Banker Commercial, and was the company’s second-highest producer in 2016.

The L.A. native started his career as a leasing agent for Grubb & Ellis and joined Coldwell Banker Commercial WESTMAC in 2002. He talked to Commercial Investment Real Estate about how to stand out in a crowded market.

CIRE: How did you get into commercial real estate sales?

Macker: I was burnt out on leasing, and when I joined WESTMAC, I was able to do a sale. Once I did that, I knew selling was what I wanted to do.

But I needed to educate myself; I don’t even think I could calculate cap rate. I took the CI 101 class, and all of the sudden, my calculator became my partner at every meeting. I took all the classes in about a year and earned my CCIM designation.

Today all I do is sales. I’m mostly selling buildings in the $1 million to $20 million range. I’m below the institutional level, although I do sell an institutional building occasionally.

My niche is really sales to high net-worth investors and small funds. I’m geographically focused; my market is West L.A. to downtown for office and retail on major streets – Sunset Boulevard, Wilshire Boulevard, and Santa Monica Boulevard.

Read the rest of the interview here: Q&A with T.C. Macker, CCIM

Commercial Real Estate, CRE News, T.C. Macker PR releases

T.C. MACKER EARNS COLDWELL BANKER COMMERCIAL® #2 PRODUCER AWARD FOR NORTH AMERICA


No Comments

Los Angeles, CA (March 23, 2017) – T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC has been named the #2 Producer in 2016 for Coldwell Banker Commercial® from among nearly 3,000 commercial professionals* in North America (U.S. and Canada). Mr. Macker is also #1 Producer for the State of California and a Platinum Circle of Distinction winner for 2016.

Timothy Macker, CEO of Coldwell Banker Commercial WESTMAC said, “I’m extremely proud of T.C., who has continuously distinguished himself amongst his peers nationwide. His hard work, dedication and leadership of the company has not only made a tremendous impact in our industry, but has also helped make Coldwell Banker Commercial WESTMAC the #1 office in the State of California.”

T.C. Macker, CCIM has been awarded “Circle of Distinction” by Coldwell Banker Commercial from 2004 to 2016. Mr. Macker was top 1% in the world for Coldwell Banker Commercial in 2015 and a Platinum Distinction winner. Further, Mr. Macker was ranked #3 in the world out of 3,200+ agents for 2015, #7 for 2014, #3 for 2013 and #4 for 2012. He is an active member of CCIM (Certified Commercial Investment Member) for over 12 years. On a national level, Mr. Macker is on the CBC Advisory Board representing the California Region.

^Coldwell Banker Commercial Sales Professionals are independent contractors.

About Coldwell Banker Commercial WESTMAC 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.

Our standard is “The client’s best interest must be the guiding force behind all services.”

About Coldwell Banker Commercial Affiliates A subsidiary of Realogy Holdings Corp., the world’s leading real estate franchisor, Coldwell Banker Commercial® Affiliates is a worldwide leader in the commercial real estate industry. The Coldwell Banker Commercial organization is part of the oldest and most respected national real estate brand in the country, which was founded after the San Francisco earthquake of 1906 by Colbert Coldwell, who was later joined by Benjamin Banker. Each office is independently owned and operated. For more information, visit: www.cbcworldwide.com.

###

Commercial Real Estate, CRE News, T.C. Macker PR releases

Just Sold in Venice Beach for $1.85M


No Comments

Venice, CA – A single-story, 1,787-square foot building located on the high-traffic arterial Lincoln Boulevard has sold for $1,850,000.

Private Sellers sold the former auto repair shop located at 208 Lincoln Boulevard to Swedish Cap Repair, LLC, a limited liability company. The Buyer purchased the property as an owner-user and plans to convert the 4,000-square foot lot into a clothing store.

“At a premium of $1,035 per square foot, that’s the highest price to date for an auto repair facility on Lincoln Boulevard in Venice,” says Brian Hart.

208 Lincoln Boulevard is situated in the Venice neighborhood of Los Angeles, popular with both tourist and locals thanks to its blend of upscale boutiques, funky shops, eclectic cafés, and famous boardwalk.

T.C. Macker, CCIM and Brian Hart of Coldwell Banker Commercial WESTMAC represented both the Buyer and the Seller.

IMG_0586