1317 S. Grand
Workforce Housing in Downtown Los Angeles
151 units - Urban infill residential project for under-served workforce renters who desire affordability, privacy and a walkable, transit-oriented urban lifestyle
Unbeatable location and project concept in the booming South Park Neighborhood of Downtown Los Angeles (DTLA)
151 high-quality, well appointed studio apartments in a 8-story building on a single unassembled lot
5 stories of wood construction over 3 stories of concrete construction
Construction to begin in 2021, with lease-up in 2022
Efficient apartments with low, market-rate rents boost investor IRR while also serving more households
Opportunity Zone tax benefit project on the border of the DTLA opportunity zone further increases project returns for investments made with qualified capital gains
Flexible Light Industrial / Warehouse & Office near Seattle, I-5 & Ports
37,906 SF (Office: 9,269 sf | Warehouse: 28,637 sf) on 66,770 SF of land
Rare close-in location with easy access to major transportation thoroughfares, both major airports, heavy rail and Port of Seattle. access to I-5, Seattle and ports.
Desirable small-format warehouse/office suites with abundant parking and various load-in/load-out options
Value added upside: Readily addressable deferred maintenance and aesthetic issues have led to below market rental rates— an opportunity for the building’s next owner.
Improved Management: OZN plans to reconfigure tenant spaces to achieve maximum efficiency and to rationalize lease terms as tenants’ leases roll-over.
Flexible building configuration: Accessible location along a wide street with ample parking. Sizable truck-court servicing 11 dock-high loading docks, property renovation will add two more loading docks
Zoned General Industrial 2 (IG2) – Unlimited industrial use; 25,000 SF maximum for office use