commercial real estate awards - cbjonline.com · 30-01-2017 · full cost of purchasing, the terms...

january 30, 2017

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COMMERCIALREAL ESTATEAWARDS

2017 Broker and Project Nominees

Tuesday, February 21, 2017 • 6:00pm – 8:30pmThe L.A. Hotel Downtown • 333 South Figueroa Street • Los Angeles, CA 90071

Tickets available at labusinessjournal.com/bizevents

Join us for the event

21-37_cre_pre_event.indd 21 1/26/2017 4:59:03 PM

22 LOS ANGELES BUSINESS JOURNAL – CUSTOM CONTENT JANUARY 30, 2017

S ustained by improving job growth and strong demand for multifamily housing, commercial real estate has been steadily recovering in

recent years on a national level. Looking ahead for 2017, growth is expected to flow into the smaller markets, according to a commercial real estate forecast session recently at the 2016 REAL-TORS Conference & Expo.

Lawrence Yun, NAR chief economist, and K.C. Conway, senior vice president of credit risk management at SunTrust Bank, expressed confi-dence that commercial real estate activity should remain on an upward trajectory, but with more uncertainty given the likelihood of a rising inter-est rate environment in 2017.

Yun explained during his remarks that the commercial real estate sector is on firm ground in spite of the numerous global and domestic headwinds that continue to keep U.S. economic growth in a headlock. He predicts that given the slow growth economic environment, instability overseas and the probability of a rate hike by Federal Reserve at the end of the year, investors are expected to take a cautious approach in the months ahead. He also indicated this would likely lead to a modest decline in commercial property prices, especially in Class A assets in larger mar-kets.

“Prices in smaller markets should contin-ue to climb with strong tenant demand and declining supply supporting growth,” said Yun. “As job creation continues, commercial real estate and vacancy rates will be stable across the country.”

Conway’s remarks centered on the key com-

mercial real estate sectors, investments and capital market trends. He anticipates that the conditions supporting expansion in commercial real estate will remain strong as long as the Federal Reserve remains dovish on interest rates.

“Housing and consumer spending are the two components buoying the economy,” Conway said. “If the Fed increases short-term interest rates, both of these components will be affected, which could potentially lead to a recession.

“To capture the current state of local eco-

nomic conditions from Realtors, NAR Research recently introduced its Business Creation Index (BCI). The new quarterly report offers insight from commercial Realtor practitioners on whether businesses are opening or closing by industry, pop-ulation density and sub-region. Indicating slowing business openings, 44 percent of respondents said they had seen an increase in business openings in October, which was down from 49 percent in September.

“While the global economy remains in trouble

with high debt ratios, the general state of com-mercial real estate in the U.S. remains strong due to high multifamily starts and renters occupying quickly,” concluded Conway.

Information for this article was provided by The National Association of Realtors, “The Voice for Real Estate,” America’s largest trade association, repre-senting more than 1.1 million members involved in all aspects of the residential and commercial real estate industries.

By TIM RUSSELL

Y ou should compare the benefits of leasing versus buying your property from a cash standpoint, as well as the more obvious needs

standpoint, such as long term space requirements and expansion possibilities. While there are bene-fits to both options, for startups there appear to be more benefits to leasing than buying. Cash flow is, of course, an issue and buying takes a larger por-tion of your hard earned cash up front.

Here are some other monetary benefits of leasing: • Your credit rating will not be quite as critical

for leasing as it would be for buying. So again, for startups, this might be a sticking point.

• Your monthly lease payment is tax deduct-ible because it’s a business expense.

• You may be free from paying for building maintenance.

Here are some non-monetary benefits of leasing: • Freedom to sublet and move to another

location if you find the need to. • No hassle of selling before you can move to

another location. • No loss from owning a building in a bad real

estate market. • No assignment of personnel to oversee prop-

erty issues that the owner should oversee. Buying also has its benefits. It all depends on

your situation and the type of business you’re in. Here are some of the monetary benefits of buying:

• Interest on the mortgage loan is tax deductible. • You can take annual depreciation deduc-

tions on your taxes. • In the long run, you’ll probably come out

ahead because you won’t be facing increases in rent. • You’ll benefit financially if the real estate

market is good when you sell. • You may be able to lease out a portion of the

building if you determine that you have excess space.

If you need to make substantial changes to the building to accommodate your business, those changes are owned by you and not your landlord.

Non-monetary benefits of buying include: • You can make any changes you want to the

property. • The hours of your business can be whatever

you want them to be. • You are free to stay in the same location as

long as you wish.

CASH FLOW ANALYSISIf you can’t make a decision based on these

pluses and minuses, you can (and probably should) do a cash flow analysis to see which option makes more sense from a cash standpoint. Before you can do this, however, you have to have all of the necessary information for making your comparison. This includes information like the full cost of purchasing, the terms of the lease, the depreciated value of the property at the time you would want to move, an estimate of the property’s value at that time, estimates of maintenance costs, and your tax rates.

To do the cash flow analysis, complete cash flow

budgets that include all of the expenses you would incur for either buying or leasing over a set period of time. For the lease analysis, you’ll need to determine your net cash outlay, which is the amount you end up spending on the lease once you’ve subtracted the tax savings you receive from it. (Remember your lease payment is considered a business expense.)

In order to compare apples to apples from a cash flow standpoint, you also have to take into consideration the change in the value of today’s dollar versus a dollar five years from now. This are known as the discount factor and can be calculat-ed using most spreadsheet applications.

You’ll also have to know the amount of your interest deduction that you will get on your business’s taxes. You can arrive at this number by multiplying the interest rate of the loan by each month’s preceding balance.

Now for the tricky part... remember above where I mentioned estimating the value of the property when you would be selling it? This is the number that will ultimately determine who wins in the battle of the benefits of buying versus leas-

ing. Obviously the longer you stay in the building, the better off you will be because you will be gain-ing more and more equity. However, do you know how long you will actually be there? Do you know what the real estate market is going to do in that time period? Not unless you have a crystal ball.

So, study the current market, as well as trends and predictions for as far into the future as you can get. Keep in mind that the farther out the prediction, the less reliable it will be. Arm yourself with as much knowledge as you can, and then make your best estimate. You know your business and you should have a good idea of where it is headed. If you know you want to be in an area for the foreseen future (say 10 or more years), the market is strong, and you’ve identified a building that will suit your needs for that timeframe, then go for it. Ten years of equity can be substantial. If you can get a good deal on the property (at or below market value) then it certainly makes sense to buy if you’ll be there for ten years. If you know the building is priced at or above the fair market value, or if you think five years may be more the length of time you’ll be there then think about offering to lease.

Tim Russell is a freelance writer.

Commercial Real Estate Forecast for 2017 is Strong

To Lease or to Buy – That is the Question


TIPS FOR CHOOSING YOUR BUSINESS LOCATION

Choosing a business location is perhaps the most important decision a small business owner or startup will make, so it requires precise planning and research. It involves looking at demographics, assessing your supply chain, scoping the competition, staying on budget, understanding local laws and taxes, and much more.

Here are some tips to help you choose the right business location.

Determine Your NeedsMost businesses choose a location that provides exposure

to customers. Additionally, there are less obvious factors and needs to consider, for example:

Brand Image – Is the location consistent with the image you want to maintain?

Competition – Are the businesses around you comple-mentary or competing?

Local Labor Market – Does the area have potential employees? What will their commute be like?

Plan for Future Growth – If you anticipate further growth, look for a building that has extra space should you need it.

Proximity to Suppliers – They need to be able to find you easily as well.

Safety – Consider the crime rate. Will employees feel safe alone in the building or walking to their vehicles?

Zoning Regulations– These determine whether you can conduct your type of business in certain properties or locations. You can find out how property is zoned by contacting your local planning agency.

Evaluate Your FinancesBesides determining what you can afford, you will need to

be aware of other financial considerations:Hidden Costs – Very few spaces are business ready.

Include costs like renovation, decorating, IT system upgrades, and so on.

Government Economic Incentives – Your business location can determine whether you qualify for government eco-nomic business programs, such as state-specific small business loans and other financial incentives.

Is the Area Business Friendly?Understanding laws and regulations imposed on busi-

nesses in a particular location is essential. As you look to grow your business, it can be advantageous to work with a small business specialist or counselor. Check what programs and support your state government and local community offer to small businesses. Many states offer online tools to help small business owners start up and succeed. Local community resources such as SBA Offices, Small Business Development Centers, Women’s Business Centers, and other government-funded programs specifically support small businesses.

The Bottom LineDo your research. Talk to other business owners and

potential co-tenants. Consult the small business community and utilize available resources, such as free government-provided demographic data, to help in your efforts.

Information for this article was provided by the Small Business Association.

If you know you want to be in an area for the foreseen future (say 10 or more years), the market is strong, and you’ve identified a building that will suit

your needs for that timeframe, then go for it.


JANUARY 30, 2017 CUSTOM CONTENT – LOS ANGELES BUSINESS JOURNAL 23

REIMAGINING NOW TO CREATE WHAT’S NEXT

In Hollywood, the land of dreams, anything is

possible. And whatever our tenants can dream

up, we listen closely and share our leading

industry insights to build beautiful workspaces

together. That’s why we’re proud to introduce

ICON, Netflix’s new Los Angeles headquarters

located in the entertainment capital of the world.

This ground-breaking creative office space

allows them to have it all: innovative

architecture, sustainable design, and immediate

access to top-of-the-line sound stage and

production facilities.

LOS ANGELES • SILICON VALLEY • SAN FRANCISCO • SEATTLE

HUDSONPACIFICPROPERTIES.COM

By LUKE ALBARN

G rowing a company can be exciting, but it can also be pretty trying. Even handling the infrastructure can bring headaches. If you

find yourself saying “We’ll just squeeze Bob in here,” when your new hires are about to start, perhaps it’s time to consider a move to roomier headquarters.

A commercial real estate broker will help you find office space, but before you even start talking to one, you should calculate roughly how much space you’ll need. Private offices range between 120-200 square feet each, workstations 36-80 square feet, and conference rooms 200-375 (up to 10-12 people) square feet. You’ll likely also want to consider other ancillary spaces like storage areas, closets, a faxing/mailing room, or a kitchen.

Then, spend some time thinking about where you’d like to move, as well as what that space should look like. Is it important that you be near public transportation or your customers? Or per-haps an alarm system is a must-have. Knowing what you’re looking for beforehand can help you get a sense for costs, so that you can adjust your budget or your criteria as necessary.

Real estate costs — measured in dollars per square foot, vary greatly. The Building Owners and Managers Association (BOMA) classifies buildings according to their location, appearance,

and cost. Class A space, for example, is typically a modern, attractive, secure building in desirable location. But Class A space in a metropolitan area is far more expensive than Class A space in a less-populated region.

Once you know what kind of space you want and how much you can pay, it’s time to find a bro-ker. Brokers are plentiful, and each tends to spe-cialize in a particular type of space (manufacturing vs. office, for example) and geographical area. Par-ticularly in a hot market, it’s advantageous to find a broker who is intimately familiar with the area you are eyeing, because they often get the inside

scoop on space that’s about to become available; you can at least have a chance of getting to it before it’s widely marketed. Brokers also can pro-vide insight on the quality of different landlords.

However, there are brokers who work for the

building owner, not you. Some brokers work on commission, which is paid by the landlord and usually ranges between 3-7 percent of the cost of the lease. This practice can lead to situations where your broker is not working in your best interest.

With that in mind, make sure you get a disclo-sure statement upfront, which details whether the

broker is representing the landlord or the tenant or both. The Commercial Investment Real Estate Institute (CIREI) mandates that all members adhere to their Code of Ethics and Standards of Practice. It’s best to look for brokers who are affiliated with the Society of Industrial and Office Realtors (SIOR) and are Certified Commercial Investment Members (CCIM). These designa-tions will ensure that you’re dealing with an edu-cated and recognized professional.

Once you have found your broker and a site you like, you are ready to start the hard part --negotiating. But tips on getting the best deal will have to wait for a future column.

QUICK TIPS• Think long-term. Consider your long-term

growth plans when deciding on a new space. You don’t want to find yourself needing to move when you’ve got a year or so left in your lease.

• Interview brokers. Some things to consider: SIOR and CCIM designation and whether the broker is representing the tenant or landlord.

• Consider a sub-lease. If your company is growing quickly, you won’t want to lock into a long lease. The rub is that landlords prefer long lease terms; one way to get around that is to try subletting space from another business.

Luke Albarn is a freelance writer based in Tarzana.

Business Expansion and Commercial Real Estate


Particularly in a hot market, it’s advantageous to find a broker who is intimately familiar

with the area you are eyeing, because they often get the inside scoop on space that’s about to

become available; you can at least have a chance of getting to it before it’s widely marketed.



LOCALADVANTAGE.

CBRE knows Los Angeles. Through

industry leading perspectives, scale

and local connectivity, our professionals

deliver outcomes that drive business

and bottom-line performance for every

client we serve in the region. How can

we help transform your real estate into

real advantage?

For more information, contact:

Andrew RatnerSenior Managing Director+1 213 613 [email protected]

09-52_labj_fullpages_01_30_17.indd 24 1/25/2017 9:20:14 AM


LOCALADVANTAGE.

CBRE knows Los Angeles. Through

industry leading perspectives, scale

and local connectivity, our professionals

deliver outcomes that drive business

and bottom-line performance for every

client we serve in the region. How can

we help transform your real estate into

real advantage?

For more information, contact:

Andrew RatnerSenior Managing Director+1 213 613 [email protected]



Eric ChenCBRE Group, Inc.

Tony AzziMarcus & Millichap

Peter BestL.A. Realty Partners

Chris CarasCBRE Group, Inc.

Jimmy ChaiCushman & Wakefield

John AnthonyCharles Dunn Company

Chuck BeldenCushman & Wakefield

Rick BuckleyL.A. Realty Partners

Brandon BurnsCBRE Group, Inc.

Quint CarrollCushman & Wakefield

Carter Andrewsilli Commercial Real Estate

Bill BaumanSavills Studley

Steve BogoyevacMarcus & Millichap

Brad ChelfCBRE Group, Inc.

Lee AsherCBRE Group, Inc.

Katherine BerghMarcus & Millichap

Jeff ChiateCushman & Wakefield

Hunt BarnettL.A. Realty Partners

Chris BodnarCBRE Group, Inc.

Cray CarlsonCBRE Group, Inc.

2017 BROKER NOMINEESCOMMERCIALREAL ESTATEAWARDS



LABJ Commercial Real Estate Ad-MA outlined.indd 1 1/24/17 9:49 AM

Barbara Emmons PerrierCBRE Group, Inc.

Robert CohenRKF

Jay DickCBRE Group, Inc.

Todd DoneyCBRE Group, Inc.

Rick EllisonCushman & Wakefield

Jay ChuSecured Properties, Inc.

Jeffrey ColeCushman & Wakefield

Matt DierckmanCBRE Group, Inc.




Globally Minded locally Focused.

North America ◆ South America ◆ Europe ◆ ◆ Africa ◆ Middle East www.ngkf.com

1875 Century Park East, Suite 1380, Los Angeles, CA 90067 ◆ T 310.201.2060700 S Flower St, Suite 2500, Los Angeles, CA 90017 ◆ T 213.596.2222

13191 Crossroads Pkwy N, Suite 555, City of Industry, CA 91746 ◆ T 562.364.20002301 Rosecrans Ave, Suite 4100, El Segundo, CA 90245 ◆ T 310.491.2000

3281 E. Guasti Rd, Suite 600, Ontario CA 91761 ◆ T 909.605.1100

Steve Kolsky 310.201.2061 [email protected] ◆ Greg May 979.608.2101 [email protected]

Full-service, integrated real estate solutions for tenants, landlords, owners, developers and investors around the globe.

Services◆ Leasing Advisory◆ Global Corporate Services◆ Investment Sales and Capital Markets◆ Consulting◆ Program and Project Management◆ Property and Facilities Management◆ Valuation and Advisory Services



Rob HannanNewmark Grubb Knight Frank

Owen FiletiL.A. Realty Partners

Ramin GheitanchiCharles Dunn Company

Todd GoodmanCBRE Group, Inc.

Kyle GulockCharles Dunn Company

Chalvis EvansCBRE Group, Inc.

Greg FrankovichNewmark Grubb Knight Frank

Bryan GlennCharles Dunn Company

Steven GoldsteinMarcus & Millichap

Kevin GreenMarcus & Millichap

Matthew Essexilli Commercial Real Estate

Joel FrankCBRE Group, Inc.

Chris GiordanoCharles Dunn Company

Yair HaimoffNAI Capital

Aaron FiersteinMarcus & Millichap

Greg GeraciCBRE Group, Inc.

David HardingCBRE Group, Inc.

Mike FowlerJLL

Brandon GillCBRE Group, Inc.

Joseph GrabiecMarcus & Millichap




John LallyMarcus & Millichap

Andrew HartmanMarcus & Millichap

Earle HymanMarcus & Millichap

Michael Johnson, Jr.Cushman & Wakefield

Michael KendallCBRE Group, Inc.

Gregory HarrisMarcus & Millichap

Barry HillJLL

Brian JensenCharles Dunn Company

Satoru JoCushman & Wakefield

Kyle KehnerCushman & Wakefield

Ryan HardingNewmark Grubb Knight Frank

Ed HernandezCushman & Wakefield

Tyler JemmettL.A. Realty Partners

Steve KolskyNewmark Grubb Knight Frank

Ronald HarrisMarcus & Millichap

Chris HougeL.A. Realty Partners

Jonathan LarsenAvison Young

Tanel HarunzadeCharles Dunn Company

Chris IsolaCBRE Group, Inc.

Kyle KavanaughMain + Main Inc.




Derrick MooreAvison Young

Phil LombardoCushman & Wakefield

Leslie MayerCushman & Wakefield

Brandon MichaelsMarcus & Millichap

Michael MollNewmark Grubb Knight Frank

Darrell LevonianCharles Dunn Company

Geoff LudwigColliers International

Peter McWilliamsJLL

Justin MendelsonCharles Dunn Company

Kyle MillerSavills Studley

Eric LastitionColliers International

Jay LuchsNewmark Grubb Knight Frank

Lonnie McDermottMarcus & Millichap

Faye MontgomeryCharles Dunn Company

Bryan LewittCBRE Group, Inc.

Mike MalickMarcus & Millichap

Janet NemanCharles Dunn Company

Darla LongoCBRE Group, Inc.

Bradford McCarthyCBRE Group, Inc.

Matthew MillerCresa




John RootliebMain + Main Inc.

Dimitry OrlovMarcus & Millichap

Tim PimentelCushman & Wakefield

Marc RenardCushman & Wakefield

Andrew RileyCBRE Group, Inc.

Greg Offsayilli Commercial Real Estate

Chris PenroseCBRE Group, Inc.

Rick RaymundoMarcus & Millichap

Tres ReidCBRE Group, Inc.

David RidgwayMarcus & Millichap

Karl NiehausCommercial Real Estate Investments of Keller Williams Realty Brentwood

Bob PattersonCBRE Group, Inc.

Bret QuinlanCBRE Group, Inc.

Dan RileyCBRE Group, Inc.

Eric OlofsonCushman & Wakefield

Rebecca Perlmutter FinkelCBRE Group, Inc.

Rachel RosenbergRKF

Tim O’RourkeJLL

Gerald PorterCresa

Monte RichardsonL.A. Realty Partners




Chris SteckCharles Dunn Company

Chris RunyenCharles Dunn Company

Kevin ShannonNewmark Grubb Knight Frank

James SlusherCBRE Group, Inc.

Gary StacheCBRE Group, Inc.

Barry RothsteinCharles Dunn Company

Steven SchechterMarcus & Millichap

Michael ShustakCBRE Group, Inc.

Chris SinfieldCushman & Wakefield

Hamid SoroudiCharles Dunn Company

Joshua RossMarcus & Millichap

Phillip SampleCBRE Group, Inc.

Darren ShibuyaJLL

Andrew StarnesCushman & Wakefield

Paul RunkleCBRE Group, Inc.

Mark ShafferCBRE Group, Inc.

Kimberly Roberts SteppKW Commercial

Paul SablockJLL

Tom SheetsCushman & Wakefield

Carol SongMarcus & Millichap




John ZanetosCBRE Group, Inc.

Stacy Vierheilig-FraserCharles Dunn Company

Jeff WelchCBRE Group, Inc.

Austin WolitarskyCBRE Group, Inc.

Ryan YatmanSecured Properties, Inc.

Laura StummNewmark Grubb Knight Frank

Rob WallerCBRE Group, Inc.

Lynn WilliamsCBRE Group, Inc.

John WinnekCushman & Wakefield

Todd WuschnigCharles Dunn Company

Robert SteppKW Commercial

Phil VoorheesCBRE Group, Inc.

Ken WhiteNewmark Grubb Knight Frank

Jae YooCBRE Group, Inc.

Jamie TrangMain + Main Inc.

Gary WeissL.A. Realty Partners

Carlos VigonCBRE Group, Inc.

Nicole WelchJLL

Megan WoodCBRE Group, Inc.




2017 PROJECT NOMINEESCOMMERCIALREAL ESTATEAWARDS

10th Street Center/Lagunitas Brewing Co. Campus Xebec Xebec Building Company, Inc. DRA Architects, Inc.

1800 Avenue of the Stars Topa Management Company Swinerton Builders Gensler

3760 Motor Ave HQ Creative Office A&S Constructors, Inc. Shubin + Donaldson

6171 Century Boulevard Renovation Liminal Space Oltmans Construction Co. Works Partnership Architecture

720 N Cahuenga Boulevard HQ Group A&S Constructors Shubin & Donaldson

Active Basic Headquater Active Basic EWAI Architects

AECOM One California Plaza Clune Construction AECOM

BCG Digital Ventures Boston Consulting Group Digital Ventures Howard Building Corporation R&A Architecture & Design

Blossom Plaza Forest City Residential West Morley Builders Johnson Fain (Design Architect); Togawa Smith Martin, Inc. (Executive Architect)

Bobrick Millie and Severson General Contractors Gensler

Broadway Lofts ICO Development, LLC MDM Builders Group Omgivning

Carolina Herrera Beverly Hills Dickinson Cameron Montalba Architects

CBRE Masonic Temple Caruso Affiliated W.E. O’Neil Construction Gensler

Chelsea Santa Monica Century West Partners Essey Construction DFH Architects

Claremont McKenna Roberts Pavilion Claremont McKenna College PCL Construction Services, Inc. John Friedman Alice Kim Architects, Inc.

Da Vinci Apartments GH Palmer and Associates GH Palmer Construction

Disney Grand Central Terminal Disney Corporate Real Estate PCL Construction Services, Inc. Frederick Fisher and Partners Architects

DPR Construction Office Tenant Improvement DPR Construction LPA, Inc.

Dr. David L. Murphy Sobering Center County of Los Angeles with Exodus Recovery, Inc. Parker Brown, Inc. MEA, Inc.

Edmunds.com Headquarters Boston Properties Corporate Contractors M+M Creative Studio (Design Architect); Lewis Schoeplein Architects (Executive Architect)

Elizabeth and James Michilli, Inc. Montalba Architects

Everytable Harvest Fresh Foods Menemsha Gensler

Garment Lofts The Capital Foresight MDM Builders Lahmon Architects

Good Samaritan Medical Pavilion Good Samaritan Millie and Severson General Contractors Ware Malcomb Architects

Hollywood Park Casino Wilson Meany Turner Construction Company JCJ Architecture

ICON Hudson Pacific Properties McCarthy Building Companies Gensler

InSite SteelWave HLW International

ISAIA Sierra Pacific Constructors Flex Designs

JLL Continental Development Corporation Sierra Pacific Constructors Wirt Design Group

K2LA Century West Partners Cobalt Construction Company DFH Architects

Kaiser Permanente Santa Monica Medical Office Building Kaiser Foundation Health Plan, Inc. Oltmans Construction Co. Cuningham Group Architecture, Inc.

LA Metro Division 14 Expo Line Light Rail Operations & Maintenance Facility Los Angeles Metropolitan Transportation Authority Kiewit Building Group RNL Design; Maintenance Design Group

Latham & Watkins: 10250 Constellation Clune Construction Gensler

Little Beach House Malibu Shawmut Design and Construction Montalba Architects

Los Angeles Federal Courthouse General Services Administration (GSA) Clark Construction Group Skidmore, Owings & Merrill LLP

Los Angeles Union Station Los Angeles County Metropolitan Transportation Authority Swinerton Builders; Skanska Building USA Architectural Resources Group

Magellan Gateway The Magellan Group Millie & Severson HPA Architecture

Mercedes Benz West Coast Campus Sares-Regis Group Norm Wilson & Sons, Inc. MVA Architects

OUE Skyspace LA OUE Limited Hathaway Dinwiddie Gensler

OUE US Bank Tower Lobby Renovation OUE Limited Hathaway Dinwiddie Gensler

Pepperdine University - Calabasas Campus Phase 1 Environmental Contracting Corp. AC Martin Architects

Playa C Sierra Pacific Constructors Gensler

Raquel Allegra Sarlan Builders Montalba Architects

Ronald Reagan Library Addition Ronald Reagan Presidential Library Parker Brown, Inc. GP Architecture

Runway at Playa Vista - Phase 1 Lincoln Property Company Austin Commercial Johnson Fain


JANUARY 30, 2017 CUSTOM CONTENT – LOS ANGELES BUSINESS JOURNAL 37 IN

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88 West Colorado Blvd. Suite 301 Pasadena, CA 91105 626-463-1265

GREAT TEAMS

DPR CONSTRUCTION

www.dpr.com

buildGREAT THINGS

4665 MacArthur Court Suite 100 Newport Beach, CA 92660 949-955-3771

DPR CONSTRUCTION

DPR Construction is proud to be a Gold sponsor and participant in the

Los Angeles Business Journal Commercial Real Estate Awards.

DPR is a national leading builder

focused on highly complex and

sustainable projects.

2017 PROJECT NOMINEESCOMMERCIALREAL ESTATEAWARDS

Saban Media Center Television Academy MATT Construction Gensler

Sage Publications Cusmano Group Parker Brown, Inc. pk:architecture

Silverlake Conservatory of Music SCM Hollywood Boulevard, LLC Shangri-La Construction Bestor Architecture

Teknion Los Angeles Showroom Teknion JDM Contractors Vanderbyl Design

Ten Thousand Crescent Heights Swinerton Builders Hendel Architects

The Bloc The Ratkovich Company Webcor Builders Studio One Eleven

The Brickyard Trammell Crow Company; Clarion Partners Millie and Severson General Contractors RGA Architects

The Garey Building Lowe Enterprises Driver Urban Togawa Smith Martin, Inc.

The Hollywood Proper Residences Kilroy Realty Webcor Builders GBD Architects

The Landing at 2040 Montana Avenue Capital Partners, LLC Parkwest General Contractors Ware Malcomb

The Park DTLA Rising Realty Partners Syntax Builders One Design Collective

Turelk Downtown Los Angeles Turelk Turelk Gensler

Under Armour Brand House Shawmut Design and Construction FRCH Design Worldwide

Ventana Medical Plaza Tristar Realty Group CW Driver NEO & Associates

Viceroy L’Ermitage Beverly Hills Viceroy Hotel Group McGuire Builders, Inc. Kollin Altomare Architects

Water Garden Transformation Water Garden Realty Holding LLC & Water Garden Company L.L.C. Morley Builders HLW International

Westerly School Westerly School of Long Beach Shangri-La Construction HPA, Inc.

Whalerock Industries JDM Contractors HLW International

Whole Foods Market, Downtown LA Carmel Partners Savant Construction, Inc. DL English Design

Zev Yaroslavsky Family Support Center County of Los Angeles, Department of Public Works Pankow Builders HKS, Inc.


commercial real estate awards - cbjonline.com · 30-01-2017 · full cost of purchasing, the terms...

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