The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
January 18, 2022
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Sonnenblick Development Picks Up Monterey Park Office Property for $37.5 Mil


Los Angeles-based Sonnenblick Development LLC has acquired The Monterey Park Government Center, an 86k sf, two-story office building just east of Downtown Los Angeles, for $37.5 mil, or $436/sf.

Photo: Google Maps
Photo: Google Maps
The building, previously known as Atlas Corporate Center, sits on about five acres at 588 Atlas Ave, just north of the I-60 Fwy off Potrero Grande Dr in Monterey Park. It includes 330 parking spaces.

Sonnenblick pre-leased 80% of the previously-vacant building to The Social Services Department of the County of Los Angeles for occupancy by three of its divisions: GAIN, IHSS (In Home Supportive Services) and MIE (Mgmt, Info & Evaluation).

Renovation of the building is expected to take approximately nine months, with the space being ready for occupancy by the 2nd quarter of 2022. The general contractor will be KPRS Construction and the building architect is Langdon Wilson & Associates.

Sonnenblick Development is one of Los Angeles’ largest developers of government-tenanted office buildings, with almost 1 msf of government space, housing tenants such as The Department of Homeland Security, The Los Angeles County Sheriff’s Department, The FBI, The Department of Public Health, and The Social Security Administration.

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 © 2022 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media