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Spectrum Commercial Real Estate Just Completed an Office Lease with DeVry University in Encino

15531 Ventura Blvd - Office Lease

Encino, CA – August 10, 2021 – Yair Haimoff, SIOR, Andrew Ghassemi, and Matt Sreden of Spectrum Commercial Real Estate, Inc., are pleased to announce the recent 10,111-square-foot lease of office space located in Encino, CA.

Haimoff, Ghassemi, and Sreden represented the landlord. Newmark Grubb Knight Frank represented the tenant, DeVry University, Inc. DeVry University is a higher education institution that offers degree programs at the undergraduate and graduate levels in areas including technology, business, and healthcare management.

DeVry University leased the entire ground floor of this 53,225-square-foot, three-story Class-A office building. The building recently underwent a complete renovation, including new elevators and a renovated common area—a shared open atrium courtyard.

The property, Atrium in Encino, is located at 15531 Ventura Blvd., at the corner of Ventura Boulevard and Firmament Avenue, adjacent to UCLA Health. The building has prominent street exposure along Ventura Boulevard and is within walking distance from many amenities such as Sherman Oaks Galleria, restaurants, shops, fitness centers, daycare centers, and hotels. The location provides easy access to 101 and 405 freeway on ramps.

Call broker for more information.

About Spectrum Commercial Real Estate, Inc.

Spectrum Commercial Real Estate Inc., founded in 2018 and headquartered in Valencia and Woodland Hills, California, is a full service commercial real estate firm that offers clients personalized service, local knowledge and a pioneering approach to brokerage services. The firm’s full spectrum of services includes tenant and landlord rep, leasing, sales (owner-user and investments), 1031 exchange buyer representation, national single-tenant investment sales and acquisitions, net lease investments, build-to-suit developments, debt/equity, and providing clients with exceptional brokerage services. For more information, visit www.Spectrumcre.com

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Coldwell Banker Leases New Location in Valencia

Place at 27451 Tourney Road in Valencia. Coldwell Banker

Tourney Place at 27451 Tourney Road in Valencia.

Coldwell Banker Leases New Location in Valencia

Coldwell Banker Quality Properties has leased 3,250 square feet of second-floor office space in Valencia.

According to sources close to the deal, Coldwell Banker signed a five-year lease pitched in the mid-to-high $2 per square foot range.

Tourney Place, the Valencia property located at 27451 Tourney Road, is situated within the Tourney Place Business Park and surrounded by amenities. The 20,731-square-foot office building sits on just over an acre of land. Additional businesses include Valencia Commercial Properties, Pathway Escrow, Multi-State Insurance Services, and Jane M. Szerman Law.

Spectrum CRE ™ founder Yair Haimoff and agent Randy Cude represented both owner My Three Sons LLC and Coldwell in the deal.

“Coldwell Banker QP was looking to relocate their local Santa Clarita office,” Cude said in a statement. “They looked at multiple sites and decided to move forward on this building due to its location, high-image and prominent building signage. The ownership and property management were proactive and motivated to get the deal signed. We feel that this is an excellent location for the new home of Coldwell Banker Quality Properties.”

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Kaiser Permanente Renews Lease in Valencia

Kaiser Permanente Renews Lease in Valencia

Valencia Executive Plaza at 27201 Tourney Road in Valencia.

Kaiser Permanente Renews Lease in Valencia

Kaiser Permanente has renewed its lease for nearly 11,000 square feet of medical space in Valencia.

Located at 27201 Tourney Road, the property known as Valencia Executive Plaza sits within the Valencia Corporate Center. The office building has undergone recent renovations and features extensive views of the golf course at Valencia Country Club.

Spectrum Commercial Real Estate, Inc., in Encino represented the building’s owner, Valencia Executive Plaza LLC of Valencia, in the 10,934-square-foot deal.

Financial details of the transaction were not disclosed.

“This was a high-profile transaction that required attention, patience, and detail to take to the finish line,” said Spectrum Commercial Real Estate Vice President Matt Sreden, who represented the landlord along with Spectrum broker Andrew Ghassemi and Spectrum founder Yair Haimoff.

According to Spectrum CRE ™, the lease represents one of the largest medical transactions in the Santa Clarita Valley submarket since the second quarter of 2016.

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You need an office space. What’s right for you?

You need an office. What’s right for you?

You need an office. What’s right for you?

Here are key things to keep in mind when hunting for that perfect place to call work!

Location, Location, Location

Finding the right space requires you to keep a keen eye on the details. The wrong location can slowly choke the drive out of your business, by making it inaccessible to the clients desperately needed to keep money flowing.  With that in mind, knowing where your team is situated will help you choose a centralized location that will be easily accessible to them. The perfect location is a balance of accessibility, convenience, and space to grow.

Be Realistic

Understanding the amount space necessary for your business is critical to avoid wasting precious resources. If your company is a startup, keep in mind that you will need extra space as your company grows, but taking on too much space will leave you paying unnecessary rent for un-used sections of your office. While it is always prudent to plan for expansions, taking on too much too quickly can leave you and your bank accounts… reeling for help.

The Right Budget

Unless you are a math enthusiast, budgets are not fun to make, but they are critical for success. They lay down a solid foundation, by building a clear and concise path layered with obtainable goals. The right budget will account for extra expenses, and keep your finances grounded. But building the right budget, for the right building, requires a deep understanding of your company’s potential.

The Right Broker

In one word “Experience”. The right broker will have years of experience navigating the geography of your business’ needs. They will take the time to help you invest in your future, by faithfully representing your goals, and making sure that your needs are their top priority.