The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC... NEWS
Printer-friendly Version   Email an Associate
USC’s Marshall School of Business and Price School of Public Policy Wins NAIOP SoCal USC vs. UCLA Real Estate Challenge

11/22/17

Now celebrating its 20th anniversary, the NAIOP SoCal USC vs. UCLA Real Estate Challenge is a commercial real estate industry tradition bringing together graduate student teams from the Ziman Center of Real Estate at UCLA’s Anderson School of Business and the Lusk Center at in a head-to-head real estate competition to determine the highest and best use for a unique land site. At this year’s event, held on November 16, USC’s Marshall School of Business and Price School of Public Policy took home the coveted Silver Shovel for its proposal presentation for Sky Studios.

This year’s challenge site encompassed eight acres of land at the corner of Maple and Douglas in El Segundo. The land is part of a 30-plus acre site, which contains four buildings totaling approximately 550k sf, owned by a Hackman Capital affiliate. Acquired from Northrup Grumman, the property was part of the global security giant’s 84-acre office, manufacturing and warehouse complex. Hackman Capital Partners will be embarking on plans to convert the existing buildings, which are across from the Los Angeles Laker’s new practice facility and less than a mile from LAX International Airport, into a one-of-a-kind, creative-office campus.

The USC Sky Studios proposal described a project vision that would further transform and revitalize a key location for the city of El Segundo. The proposal further shared that the city is evolving from its roots as the aerospace capital of the world to one of the most sought after creative markets in Los Angeles. Drawing on the rich history and character of the site, the students proposed a state-of-the-art content and media campus to attract creatives to foster a dynamic environment. On its own, Sky Studios will provide one of the most unique spaces in all of Los Angeles in delivering multiple soundstages, an inspiring workplace and engaging amenities. In the context of Hackman Capital’s proposed office conversion and explosive growth in new forms of media, Sky Studios will act as the catalyst for the formation of the region’s newest creative epicenter.

The USC and UCLA five-person student teams presented their development ideas to an industry-leading panel of judges, who awarded points on the written and oral presentations to determine the winning team. The event, hosted by KNX anchor Frank Mottek, included a student presentation to the judges and live audience, as well as pre-game USC vs UCLA football commentary by former UCLA quarterback Cory Paus and former USC wide receiver John “JJ” Jackson.





Return to the Archive page


 


 


 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media