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LA County Expands Ratkovich Lease to More Than 325K SF
Two longtime tenants at the Ratkovich Company’s The Alhambra have upsized their office spaces by more than 40,000 square feet in total. The County of Los Angeles has expanded by 22,682 square feet for a total of 329,770 square feet of leased space at the 40-acre mixed-use urban community located in Alhambra.
Simultaneously, Eastern Los Angeles Regional Center (ELARC) has renewed existing space and expanded by 17,518 square feet to 164,327 square feet through 2035. The Alhambra, which is just under one million square feet, is now 93.12 % leased.
The County of Los Angeles was represented by JLL. The Departments of Parks and Recreation, Public Works and Public Health all have offices at The Alhambra.
ELARC, a private, nonprofit organization under contract with the California Department of Developmental Services, was represented by Cresa. SVP Kevin Duffy with CBRE represented The Alhambra in the ELARC deal.
“In contrast to the prevailing downturn in the office leasing sector, The Alhambra is a shining example of success,” said Duffy. “While many properties are struggling, The Alhambra has bucked the trend and thrived. The Alhambra’s low density, parklike setting, green technology, responsive management and community involvement are major factors in attracting and retaining our tenants.”
- ◦Lease
