2023 Commercial Real Estate Awards: Best Medical Lease of the Year

Newmark completed this new headquarters office lease comprising approximately 34,000 square feet for California Fertility Partners at Sawtelle Plaza in Los Angeles. Newmark senior managing director Steven Salas and Kelly Reinker represented the tenant in partnership with Daniel Chiprut of Commercial Asset Group. The building owner, Beverly Hills-based Arenda Capital Management, was represented by its founders Dusan Miletich and Evan Meyer in partnership with Andrew Jennison of Industry Partners and Aleks Trifunovic of Lee & Associates.

Located at 2045 Sawtelle Boulevard, Sawtelle Plaza is a three-story medical office building comprised of approximately 34,000 square feet. The building was formerly occupied by the Royal Consulate of Saudi Arabia. Arenda Capital Management purchased the building in 2016 in an off-market transaction. The property is located in the heart of West Los Angeles along the Sawtelle Corridor.

California Fertility Partners is one of the top comprehensive fertility service providers in the country. Sawtelle Plaza’s above market parking ratio and central location in West Los Angeles provides the perfect location for its new headquarters. The new headquarters location will feature a medical and consult offices in addition to a state-of-the-art fertility and in vitro fertilization lab.