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| Chris Runyen |
LOS ANGELES, CA, Sept. 29, 2014 – Charles Dunn Company, one
of the largest full-service regional real estate firms in the western United
States, has completed a four-year, 19,653-square-foot lease with University of
Southern California (USC) for expansion of its charter school.
The space is within the World Trade Center, a
370,000-square-foot, 10-story office building located at 350 S. Figueroa Street
in Downtown Los Angeles.
Chris Runyen, senior managing director with Charles
Dunn Company, represented the landlord, Jamison Properties. USC was represented
by Dennis Smith, Howard Feuerstein, and Cory Campbell of Travers Realty.
With this new lease, USC is expanding its presence by nearly
doubling its space within the property, and has brought World Trade Center’s
occupancy up to 74 percent.
“This was an expansion of USC's Hybrid High School that has
a total of 20,000 square feet on the ground floor,” said Runyen.
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| World Trade Center, Los Angeles, CA |
“The ground floor space serves as classrooms and
administrative offices for the freshman and sophomore classes.
"This new space
is located on the second floor and will provide additional classrooms for those
students advancing to their junior and senior years.
“The school made some minor renovations to its new space –
that was previously used for education purposes – in time to take occupancy for
the 2014/2015 school year.”
Runyen added that Charles Dunn aggressively marketed the
space to schools, emphasizing that they could take advantage of the existing
E-1 occupancy required by charter schools.
World Trade Center occupies the entire block of Figueroa to
Flower Streets and 3rd to 4th Streets. It is adjacent to the Ketchum YMCA, the
Westin Bonaventure Hotel and the Downtown Hyatt and is a short walk to numerous
dining and retail amenities.
For a complete copy of the company’s news
release, please contact:
Darcie Giacchetto
Spaulding Thompson & Associates
949.278.6224
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