Premier Business Centers

The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 26, 2019
 Search RENTV
 Video Programs
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
Older San Fernando Property to Be Converted into Creative Office Campus


Alvarez & Marsal Capital Real Estate LLC recently acquired a 4.3-acre site in the southwestern San Fernando Valley community of Tarzana for redevelopment into a creative office campus. The property, located at 18362-18424 Oxnard St, at the intersection of Oxnard and Reseda Blvd, consists of four standalone flex and industrial buildings totaling 73k sf.

The buildings, formerly used as production space, will be converted into a state-of-the-art studio and creative office campus branded ELEVAR®. New construction to the site will add over 20k sf, bringing the total project size to approximately 96.5k sf. The campus will feature an abundance of usable outdoor space including a ‘greenbelt’, wifi-enabled patios, and an artisanal cafe.

In addition to shaded outdoor areas, the facilities will include above-standard power and data capabilities, high ceilings, and a fitness center for tenants. ELEVAR will also offer ample surface level parking at over 3.4 spaces per 1,000 rsf with the added benefit of being located directly across the street from the Metro Orange Line Reseda Station.

Cushman & Wakefield’s Rob Hooks, Katie Bernhisel, and Dillon Moscone, in partnership with Colliers International’s Kevin Fenenbock and Jacob Mumper, will serve as the leasing agents for the property.

“Alvarez & Marsal is ahead of the game in terms of bringing this level of creative office to the West San Fernando Valley,” said Hooks. “The tenants who want this type of space are there, but a project of this caliber has not been available until now. ELEVAR will have all the elements of a truly unique and cutting-edge creative office project.”

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 © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media