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RARE DTLA GROUND FLOOR OPPORTUNITY Available for Lease up to 10,368 SF DIVISBLE with up to 2,320 SF of PATIO

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RARE DTLA GROUND FLOOR OPPORTUNITY Available for Lease up to 10,368 SF DIVISBLE with up to 2,320 SF of PATIO RARE DTLA GROUND FLOOR OPPORTUNITY Available For Lease Up To 10,368 SF DIVISBLE WITH UP TO 2,320 SF OF PATIO CONTACT JOHN ANTHONY CHRIS STECK Senior Managing Director Managing Director Lic. #01226464 Lic. #01841338 [email protected] [email protected] 213.534.3245 213.534.3216 CHRIS GIORDANO Director Lic. #01928706 [email protected] 213.534.3280 CHARLES DUNN COMPANY 800 West Sixth Street, Suite 800, Los Angeles, CA 90017 Lic. #01201641 | 213.481-1800 charlesdunn.com Available Space Rate SF Term Availability THE OPPORTUNITY Approximately Negotiable 5 - 10+ Years Immediate The Downtown Los Angeles renaissance 10,368 SF Divisible has created an electric momentum that has transformed the urban landscape into one of the most iconic and modern areas within Los Angeles. As the buildings continue to rise and the cranes continue to occupy the Open floor plan perfect for single or multitenant rapidly developing lots, Downtown Los Angeles has become the center of groundbreaking redevelopments and one of the most desirable places to bring high-end retail and restaurants. Tremendous Ceiling Heights of 22’7’’ Slab-to-Slab 606 South Olive Street offers a tenant an entry into this new landscape and a space on the ground floor of the New Adjacent to the soon-to-be revitalized Pershing Square Downtown. Adjacent to the historic and soon-to-be revitalized Pershing Square, 606 South Central Downtown Los Angeles Location Olive Street is a 25-Floor, fully occupied office building situated on the southeast corner of Sixth Street and South Olive Street. The building offers 24-hour Near the Financial and Jewelry District, and security and a remodeled subterranean one block away from the Metro Red Line garage. Additional parking can be accessed from the Pershing Square Parking structure, creating a combined parking capacity of 2,024. Will directly benefit from Downtown’s population As an ideal fit for retail or dining of over half a million daytime workers purposes, this ±10,368 RSF divisible space offers an open floor plan and is perfectly suitable for a single or multitenant use. The property may also be divisible to allow a bank branch or Exclusive building-top signage opportunity café facing Olive Street. There is also the potential for up to approximately 2,320 SF of patio space facing both 6th Street and Olive Street. 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 2 | CHARLES DUNN COMPANY TABLE OF CONTENTS Architectural Rendering Floor Plan Amenities: Pershing1: Bank Square of America Expanding Market Redevelopment Rendering Overview 2: Starbucks 5 3: Tender Greens 4: Subway 5: 7Eleven 6: Arda’s Cafe 7: Pershing Square 3 8: 6th Street Market 9: LA Theatre 1 10: Seven Bar Lounge 8 2 4 Parking:606 S. Olive Street Amenities & 3 2 1: Athena Parking Demographcis 7 Los2: SP PlusAngeles, Corporation CA 90014 5 3: Central Parking System 4: ABM Parking Services 1 6 5: Paragon Parking 10 1 3 4 Developments: 1: Park Fifth 5 2: Alexan South Broadway 9 3: Broadway @ 4th 4 606 SOUTH OLIVE, LOS4: ANGELES, 8th & Grand CA. 90017 | 3 | CHARLES DUNN COMPANY 5: Beacon on Hill 2 ARCHITECTURAL RENDERING 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 4 | CHARLES DUNN COMPANY FLOOR PLAN CURRENT FIRST FLOOR PLAN 850 ± USF 725± RSF S. OLIVE STREET 9,594 ± RSF W. 6TH STREET 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 5 | CHARLES DUNN COMPANY FLOOR PLAN PROPOSED SINGLE TENANT FIRST FLOOR PLAN 830 ± USF S. OLIVE STREET 10,319 ± RSF 1,490 ± USF W. 6TH STREET 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 6 | CHARLES DUNN COMPANY FLOOR PLAN PROPOSED TWO-TENANT FIRST FLOOR PLAN 830 ± USF 5,259 ± RSF S. OLIVE STREET Demising wall may be moved to accommodate the tenant’s requirement. 5,060 ± RSF 1,490 ± USF W. 6TH STREET 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 7 | CHARLES DUNN COMPANY PERSHING SQUARE REDEVELOPMENT RENDERING 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 8 | CHARLES DUNN COMPANY Think of it as Central Park on the West Coast Pershing Square Video THE RENEWAL OF PERSHING SQUARE Due to the revitalization of several of its neighborhoods, Downtown Los Angeles thrives with a vibrancy never seen in its history. Areas like the Old Bank District and the Historic Core were once filled with vacant buildings; now they’re teeming with brand-new apartment buildings, high-end retail shops and restaurants. As a result, businesses are relocating downtown. Population has increased 150% since 2000, and continues to grow at a rapid pace. New downtown destinations like the BLOC, Grand Central Market and FIGat7th draw tourists and locals alike, both day and night. Pershing Square Park is the heart of Downtown LA. It’s also one of the few remaining areas to not receive a facelift. That’s about to change. Earlier this year, an international design-team led by the Paris-based Agence Ter were selected to redesign the five-acre park using what they call a “radical flatness” to open up the space, connecting one part of the city to another, offering visitors both entertainment with concert events and relaxation with its great lawn and reflecting pool. Think of it as Central Park on the West Coast. 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 9 | CHARLES DUNN COMPANY NEARBY DEVELOPMENTS 1 | BROOKS BUILDING The former J.E. Carr Building next to 1 2 Clifton’s Cafeteria will be turned into a 30-unit residential development. An additional level will be added to the 7-story structure will include one- and two- bedroom apartments, a 2,500 SF ground- floor bar and an automated parking facility. 2 | 801 S. OLIVE STREET This new residential tower is slated to complete construction in late 2017. The new tower will have 363 units with studios, one- and two-bedroom apartments, eight penthouses, a rooftop pool and lounge area, a fitness center, a 5-story parking facility, and 10,000 SF of street-facing retail. 3 3 | METROPOLIS As the biggest development in Los Angeles, Metropolis will be built in phases and will reach completion in 2018. The project will include 1,500 condo units, a 18-story boutique hotel, and retail space. 4 | BEACON TOWER Although the permits are still in process, this high-rise project at the corner of Fourth and Hill Street will consist of a 33-story 4 5 tower equipped with 428 studios to two-bedroom apartments, and 433 parking stalls. The project will also involve updating the Pershing Square metro station. 5 | 732 S. SPRING STREET A 24-story tower that will bring 303 units to the Historic Core. The project will contain a pool, a terrace, and over 7,200 SF of ground-floor commercial space. 732 S. Spring Street will reach completion at the end of 2018. 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 10 | CHARLES DUNN COMPANY NEARBY DEVELOPMENTS 6 | PARK FIFTH The long-awaited project will be built in two phases and will bring 6 7 660 apartments within a 24-story building. The first phase will also bring 7,456 SF of ground parking and 22,000 SF of retail space. The project will also include an office building. 7 | CIRCA Circa will be comprised of 36-story twin towers and will bring 648 condominiums, 1,770 parking spots, and a 7-story retail podium occupying 48,000 SF of space. The development will also include a two-acre outdoor amenity deck and 15,000 SF of LED signage along Figueroa Blvd. 8 | 633 S. SPRING STREET The 325-foot tall building will consist of a jagged structure soaring 8 9 high above Spring Street. A mid-rise section of the tower will stand flush with the sidewalk, matching the height profile of adjacent, historic structures. 9 | 525 S. SPRING STREET This project includes a parking structure with ground-floor retail, a 12-story mid-rise structure, and finally a 40-story apartment high- rise designed by architecture firm Martinez + Cutri. The project’s 40-story height will be retained, but also incorporates plans to renovate the three adjacent Broadway theaters also owned by Hellen—the Roxie, Cameo and Arcade. 10 | 888 S. OLIVE STREET When completed, the new tower will have 283 units for rent 10 11 (potentially more than 400 new residents added to the downtown population) and a whopping 11,000 SF of commercial retail space on the ground floor that could help activate the intersection substantially, while also helping to connect the southern part of the Historic Core to South Park and the Financial District. 11 | 820 S. OLIVE STREET At 637 feet in height, the tower will be among the tallest residential buildings in the state of California. A 5-level podium spanning across the property will provide the majority of the development’s 600-car garage. Aboveground parking levels will be obscured from view by residential units along both Hill and Olive Streets. 606 SOUTH OLIVE, LOS ANGELES, CA. 90017 | 11 | CHARLES DUNN COMPANY NEARBY DEVELOPMENTS 12 | ALEXAN SOUTH BROADWAY This 26-story tower from developers Trammell Crow Residential 12 13 will have 305 luxury apartments with 7,000 SF of ground floor retail space. The residential units will sit atop a 333-car parking podium; the building will also have 344 bike parking spaces. 13 | 649 S. OLIVE STREET The proposed NoMad Los Angeles building will include 241 guest rooms with custom-designed furnishings, original artwork as well as a classy bar. Hotel guests will have access to a rooftop pool and event deck with panoramic views of the city. The building’s ground level will feature multiple food and beverage venues in addition to an approximately 1,000 SF retail stall fronting Olive Street.
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