CRE Awards 2019: Best Medical Lease

Vital Statistics

Property Address: 15503 Ventura Blvd., Encino, CA 91436

Square Footage: 27,215

Deal Value: $11.6 million

In 2016, Yair Haimoff assisted The Regents of UCLA by securing a lease of approximately 17,000 square feet at Encino Arches located at 15503 Ventura Blvd., Encino. In 2017, a need for an additional 20,000 to 30,000 square feet of medical space arose. The Regents of UCLA reached out and Yair went to work again, extensively searching the Encino, Tarzana, and Sherman Oaks areas. After review of several suitable locations, The Regents of UCLA made the decision to pursue a space of approximately 27,000 square feet within their current location at Encino Arches. The lease was signed in 2018 and the additional space is currently under the planning and construction phase of the Tenant Improvements. The new location of UCLA Health is centrally situated in Encino and serves Encino, Tarzana, Sherman Oaks, and the surrounding areas in the San Fernando Valley within very close proximity of the 405 and 101 freeways. The offices are comprised of primary and specialty medical care.

Vital Statistics

Property Address: 50 Alessandro Place, Pasadena CA 91105

Square Footage: 14,191

Deal Value: $7.3 million

Angie Weber and Dana Nialis represented the landlord, MPVCA Pasadena, LLC, in the 14,191-square foot lease. The tenant, Pacific Pace, LLC, was represented by Erica Frey of Colliers. The medical building, located at 50 Alessandro Place, was recently renovated and is adjacent to Huntington Hospital. Weber and Nialis solely focus on medical real estate in Southern California. Their work in this niche specialty has placed them among the preeminent experts in the field

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