High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Los Angeles  + Office  | 

Land Sale Sets Up MOB Development in East Los Angeles

Connect Healthcare is just around the corner on October 29 and 30 at The Resort at Pelican Hill in Newport Beach, CA. Follow this link for more information and to register for the conference

West Hollywood, CA-based Capital Insight acquired a 1.27-acre site in East Los Angeles, with plans to develop a nearly 62,000-square-foot medical office building. Located at 3965 E. Olympic Blvd., the site is directly off the S. Ditman Avenue exit of the 5 freeway.

SharpLine Commercial Partners completed the land sale on behalf of the private owner. With 260 feet of frontage on E. Olympic Blvd., the site is one of the last developable vacant lots directly adjacent to a freeway on/off ramp in Los Angeles.

“Capital Insight is pursuing the development of a 61,752-square-foot medical office building on the site, as it sees the local market is underserved for this product type and believes it is the highest and best use,” says SharpLine’s Barbara Armendariz.  “Things are still in the planning stages, however, we believe that the project would be ideal for urgent care, medical offices, pharmacy and/or a micro-hospital.”

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With SharpLine’s Armendariz

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action