 |
| 1334 Lincoln Boulevard, Santa Monica, CA, leased to CLARE Foundation |
 |
| Michelle Esquivel-Hall |
LOS ANGELES, CA – Charles Dunn Company, one of the largest
full-service regional real estate firms in the western United States, has
completed a 10-year office lease for 6,540 square feet of space with CLARE
Foundation valued at $3,153,000. The nonprofit organization will fully occupy 1334
Lincoln Blvd. in Santa Monica, Calif.
Charles DeSantis and Kyle Gulock of Charles
Dunn Company represented CLARE Foundation in the transaction. Jeff Pion
and Michelle Esquivel-Hall of CBRE represented the landlord, Los
Angeles-based The Bradmore Group.
 |
| Charles DeSantis |
CLARE Foundation, a nonprofit organization providing
treatment and recovery services for alcoholism and substance abuse to
individuals, families, and the community, will use the property as an outpatient
facility for its private patients.
The new space will function as Conscious Recovery by CLARE
Foundation. Move-in is anticipated to occur before year-end and approximately
ten employees will be hired for the new location.
 |
| Kyle R. Gulock |
“The property was vacant but had undergone significant
capital improvements by its ownership in anticipation of identifying the right
tenant,” said DeSantis. “We negotiated a strong tenant improvement package for
our client which includes the build out of executive offices, group rooms with
connecting patios, and counseling rooms.”
Charles Dunn Company worked closely with CLARE Foundation in
order to identify the ideal facility. The property offers prominent signage on
Lincoln Blvd., high ceilings, skylights, secured and gated parking and is near
the 10 Freeway.
 |
| Jeff Pion |
“The tenant required a property that was walking distance to
the beach and needed convenient parking for its patients,” said Gulock. “This
space offered the ideal, beach-close location as well as ample secured parking
on the ground floor, which is very rare for the market.”
For a complete
copy of the company’s news release, please contact:
Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224
No comments:
Post a Comment