Woodland Hills | Adler Realty

Adler Realty Sells Office Building in Woodland Hills, CA

Ruth Adler — Wed, 22 Nov 2017 15:34:01 +0000

Los Angeles (October, 2017) – Adler Realty Investments, Inc. & LLJ Ventures (Adler/LLJ), its capital partner, announced today the sale of Warner Premier, a three story office building in Woodland Hills, CA. The 96% leased property is located at the corner of Topanga Canyon Blvd. & Burbank Blvd. at the gateway to Warner Center and was sold for $13,800,000 to a private investor.

Adler/LLJ acquired the property in 2013 as part of a larger portfolio consisting of twelve additional buildings on 24 acres of land known as the Warner Center Corporate Park.

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Urban-style upgrade planned for Warner Center complex as Woodland Hills gets citified

Ruth Adler — Mon, 26 Jun 2017 18:05:53 +0000

One of Warner Center’s one-story rambling office parks is poised to go vertical as a new era of urbanization unfolds in the Woodland Hills neighborhood.

The proposed $1-billion development by Adler Realty Investments Inc. is one of many big real estate plans coming together in Warner Center, where Los /Angeles city planners are working to create another densely.

[pdfviewer]https://adler-realty.com/wp-content/uploads/2017/06/Warner_Center.pdf[/pdfviewer]

LA Times June 21, 2017 – Roger Vincent

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Completed Energy Efficiency Improvements At Warner Center Properties

Ruth Adler — Mon, 11 Aug 2014 15:43:36 +0000

Woodland Hills, CA (August, 2014) Adler Realty Investments, Inc. (Adler) announced the completion of a series of energy efficiency improvements to Warner Center Corporate Center and Warner Premier, as well as other capital improvements to the properties.

As an active partner of The Los Angeles Better Buildings Challenge (LABBC), Adler is committed to achieve 20% energy and water savings by 2020. As a first but very significant step, Adler has replaced 13,000-plus units of florescent, metal halide, halogen, and incandescent bulbs throughout the Warner Center properties, and replaced them with state-of-the-art LED’s. In a typical office building, about 30% of energy is used towards lighting.

Adler recently completed a renovation of the building lobby at 21051 Warner Center Lane, one of the larger buildings in Warner Center Corporate Center. Adler has also kicked off a full common area renovation of Warner Premier. This project will be completed in 3^rd quarter 2014.

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Warner Center Business Park Sells for $80 Million

Ruth Adler — Thu, 16 May 2013 18:42:31 +0000

The 13-building Warner Center Corporate Park has sold for $80 million.

The Woodland Hills property was acquired by real estate investment firm Adler Realty Investments Inc. and LLJ Ventures from Equity Office Properties Inc. of Chicago. Adler is headquartered in the low-rise office park at De Soto Avenue and Califa Street.

“We are excited about the long-term prospects of Warner Center, and the portfolio of properties we are acquiring will allow us to participate in its resurgence,” said Michael Adler, president of Adler Realty, in a statement.

Current tenants of the 410,855-square-foot park include Girl Scouts of Greater Los Angeles, Allstate Corp. and SD Entertainment.

The 26-acre property is zoned for additional commercial and multifamily residential development, though Adler has no immediate plans to redevelop or expand the park.

Kevin Shannon, Tom Bohlinger, Ken White and Michael Longo of CBRE Group Inc.’s El Segundo office represented Equity Office in the transaction.

San Fernando Valley Business Journal
By KELLY GOFF

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