J.H. Snyder completes multi-million-dollar renovation at Class A, 530,000 SF office building in Los Angeles, CA

5757 Wilshire Boulevard, a Class A,
11-Story office building totaling
 530,000 SF in the Miracle Mile
 submarket of Los Angeles, CA

  

Lon Snyder

LOS ANGELES, CA – JLL announced that J.H. Snyder has completed a multi-million-dollar renovation at 5757 Wilshire Boulevard, a Class A, 11-Story office building totaling 530,000 square feet in the Miracle Mile submarket of Los Angeles, California.

 

Additionally, JLL secured multiple leases totaling nearly 40,000 square feet at the building since the beginning of the year.

 

As part of the renovation, J.H. Snyder constructed a new outdoor tenant lounge with seating, tables and lounges; a new building lobby with seating and lounge areas; and 15,000 square feet of office spec suites that have already been leased with an additional 20,000-30,000 square feet of office spec suites currently under construction and scheduled to be delivered between the Q3 of 2024 and Q1 2025. 

Micheal Geller

 The company is also adding two new restaurants at the campus, Parma Pizzaria and Descanso. Finally, J.H. Snyder completed the development of a 285-unit luxury apartment tower on campus, providing a live-work environment.

 “With the continued evolution of the Los Angeles office market, employers and employees want to be in an office with abundant onsite and nearby amenities, near public transportation and new housing,” said Lon Snyder, Partner & Asset Manager at J.H. Snyder.  “We are creating a more dynamic work environment which appeals to the new generation of employees and the market has been responding very well.”

Ben Silver

Leading the office leasing efforts at 5757 Wilshire Boulevard are JLL’s Micheal Geller, Greg Astor and Ben Silver. 5757 Wilshire Boulevard can accommodate a wide range of users from 1,000 square feet to 40,000 square feet. 

 

“Los Angeles’ Miracle Mile office submarket has seen significant activity from companies looking to re-establish an office presence and want high quality, move-in ready space available for immediate occupancy,” said Ben Silver, JLL Senior Vice President. 

 

 “Companies are looking for redeveloped properties with great amenities and great move-in ready space in a thriving, safe and collaborative environment that appeals to their employees.”

 

5757 Wilshire Boulevard is located in the heart of the Miracle Mile with a wide range of onsite and nearby amenities including many restaurants, Equinox, LACMA, and the Wilshire Fairfax stop of Purple Line Subway coming online soon.

 

 5757 Wilshire also has the ability to provide prominent exterior signage for select users and has the most abundant onsite parking in the area.

 

CONTACT:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com