To Recapitalize Prime Silicon Beach Property Olive Hill Group and Artemis Real Estate Partners have formed a joint venture and recapitalized the 520 Broadway creative office building in downtown Santa Monica, Calif. Under the terms of the joint venture, Olive Hill will retain partial ownership of 520 Broadway and remain the property’s operator. “We decided to work with… Read more »
The demand for creative office space shows no sign of letting up, which is why landlords throughout Los Angeles are investing heavily to give tenants what they want – and need – in a supply constrained market. Creative office is quietly moving from a trend designed to lure tech, media, coworking and other, well, creative… Read more »
Olive Hill Group, a Los Angeles-based commercial real estate investment firm, is putting together small portfolios of middle market office properties with the aim of re-selling the assets to institution- al investors who want to achieve scale quickly.
Naturally, the tech sector has also greatly influenced the office enviorment, particularly creative office space. After all, the creative minds behind all the new technologies have to find inspiration somewhere throughout their workday.
Los Angeles-based Olive Hill Group, LLC completed 97,000 square feet in leasing activity valued at roughly $21.4 million at its newly-renovated Class A creative office campus, The Courtyard at 200-300 Corporate Pointe in Culver City.
Tim Lee, Principal at Olive Hill Group, provides an industry outlook on the biggest trends shaping the SoCal market. Check out his responses to Connect Media’s questions about investment strategies in a shifting environment.
Olive Hill Group, LLC, a Los Angeles-based private investor, operator and developer of commercial real estate, has completed approximately $21.4 million and 97,000 square feet in leasing activity at its newly renovated Class A creative office campus, The Courtyard.
Investors are starting to focus on quality investments as we grow longer in the cycle. Fundamentals remain strong and the economy continues to grow, but investors are recognizing that the end of the cycle could be nearing and, as a result, are adopting more stable investment strategies. This flight to quality means fewer opportunistic transactions… Read more »
Office leasing has rebounded in the first half of 2018 after a slow end of 2017. Tech companies have made up the majority of the leasing activity this year, especially in the pre-leasing market for new construction. While leasing activity has rebounded, the Greater Los Angeles area still has a double-digit office vacancy rate and… Read more »
In today’s competitive office climate, landlords have to stay ahead of the game by providing tenants with modern, in-demand amenities that stimulate productivity and creativity among employees and—at the same time—create a welcoming environment. The creative office space concept is at the top of many landlords’ list, as it appeals to Millennials—the type of tenant… Read more »