The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 28, 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?





LOS ANGELES COUNTY NEWS
Printer-friendly Version   Email an Associate
Wells Fargo Inks Expansion/Renewal Deal at West Covina Office Campus

1/04/23

The Lakes, a 174k sf, Class A office campus in the city of West Covina, is now 92.5% leased following the recent completion of a five-year 13k sf expansion and renewal with Wells Fargo. Wells Fargo has been a tenant at The Lakes since 1992.

Located at 1000 and 1050 Lakes Drive, The Lakes is owned by Waterford Property Company and funds managed by Oaktree Capital Management, L.P., who acquired the property in 2020. Waterford then embarked on a repositioning of The Lakes by enhancing common areas while investing capital into move-in ready spec suites. During the COVID shutdowns, Waterford pivoted and began focusing on leasing space within the campus to medical office tenants.

Taylor Ing with Newmark is the listing broker for the property. According to Ing, offering move-in ready suites with flexible term and uses has been a differentiator in this submarket. The property is now at the highest occupancy since 2007.





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