Lee J. Shapiro - Press

Phone
(310) 887-6226
Agent License Number
DRE #00961769
Property Type
Retail
Office
Office
Specialty
Agency Leasing Investment Disposition and Acquisition
Market Area
California
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$12 Million Sale Closes on Wilshire - Los Angeles Business Journal
A two-story office building at 6423-6427 Wilshire Blvd. and an adjacent parking lot near Beverly Grove have sold for $12 million. The 16,724-square-foot building on 0.44 acres was purchased by... -
Thinking Outside the Box: Filling Vacancies with Unexpected Tenants in Southern California
Creative plays are the name of the game at retail and mixed-used properties throughout the U.S, especially in lot-constrained Southern California. To glean the latest market intel from high-end SoCal,...
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Kennedy Wilson Brokerage Completes $11.95M Sale of Two-Story Office Property
Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., recently facilitated the sale of 6423-6427 Wilshire Blvd., a two-story office building and adjacent parking lot, for $11.95 million. The 16,724...
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Kennedy Wilson Brokerage Completes $11.95M Sale of Two-Story Office Property on Wilshire Boulevard Near Beverly Grove
Beverly Hills, CA. – January 26, 2023 – Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., recently facilitated the sale of 6423-6427 Wilshire Blvd., a two-story office building and...
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Japanese Eatery Signs Lease in DTLA
One of downtown’s trendiest buildings is looking to get even edgier. Niku X, an upscale Japanese restaurant with a French influence, has signed a lease to occupy the Wilshire Grand...
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Royal Stone Properties Expands, Buys 12,800 SQFT Building in Los Angeles for $11.1MM
Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., has facilitated the sale of a 24,350 square-foot site representing two contiguous parcels and inclusive of a 12,800 square-foot building at...
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The Higher Cost of Capital is Beginning to Erode CRE Asset Prices
Commercial property prices that have been hovering at near peak levels are starting to slide lower, and with more interest rate hikes looming, it could turn out to be a...
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Italian restaurant Settecento to open by U.S. Bank Tower in Downtown Los Angeles
Italian restaurant Settecento is moving into Maguire Gardens, adjacent to the U.S. Bank Tower in downtown Los Angeles.The restaurant’s owner Global Dining Inc. has signed a 15-year lease for 4,000...
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Fogo De Chao Continues to Expand with New Woodland Hills Location
Fogo de Chão, an internationally renowned full-service Brazilian steakhouse, is expanding within Los Angeles with a new location coming to Woodland Hills, located at 6263 Topanga Canyon Blvd. The new...
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Kennedy Wilson Brokerage Completes $4.2 Million Sale of 14,000 SF Office Building in Southeast Los Angeles on Behalf of Banc of California
LOS ANGELES, Calif. (NOVEMBER 30, 2021) – Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., has facilitated the sale of a 14,203 square-foot office property at 7355 Greenleaf Avenue...
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Celebrity Canine Trainer Expands to North Hollywood with 1,785-SQFT Lease
Los Angeles, Calif. (November 19, 2021) – Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., announced today that world-renowned celebrity canine behavioralist and dog trainer Jas Leverette from Netflix’s...
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CVS Leases Large Retail Site Downtown
CVS Pharmacy Inc. has signed a lease for a new retail space near the Staples Center in downtown.The space, which is 11,132 square feet, is located at 1212 S. Flower...
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CVS Leases 11,132 SQFT Retail Space in Downtown Los Angeles
LOS ANGELES, Calif. (AUGUST 25, 2021) – Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., recently finalized a retail lease with CVS at 1212 S. Flower St. in Downtown...
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CVS Sees Benefit of Opening at Highly Visible Hope+Flower
CVS recently leased 11,132 square feet at 1212 S. Flower St. in Los Angeles. The space is located on the ground floor of a five-story office building flanked by two...
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Kennedy Wilson Brokerage Closes Retail Lease Deal, Bringing CVS to Hope+Flower in DTLA
LOS ANGELES, Calif. (AUGUST 16, 2021) – Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., recently finalized a retail lease with CVS at 1212 S. Flower St. in Downtown...
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Celebrity-Favorite Erewhon Market Signs Lease at Hackman’s Culver Steps
The favorite supermarket of celebrities and influencers is coming to Culver City, Calif. Upscale health store Erewhon Market signed a lease for a 14,258-square-foot outpost at Hackman Capital Partners‘ mixed-use...
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Hackman Capital Partners and Kennedy Wilson Brokerage Announce Erewhon Lease at the Culver Steps
Los Angeles, Calif. (July 8, 2021) – Hackman Capital Partners and Kennedy Wilson Brokerage, a division of Kennedy-Wilson Properties, Ltd., announced today that Erewhon Market will be joining the roster...
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Kennedy Wilson’s Lee Shapiro Gets Deep in LA’s Retail Weeds
What’s interesting west of the 405? A lot, if you’re interested in retail. There’s the 40,000-square-foot Whole Foods lease, for instance, on Santa Monica Boulevard, and Target signing a lease three blocks from that.
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Kennedy Wilson Closes Three Retail Leases at South Park by Windsor in LA
Kennedy Wilson has closed three 10-year leases with major national retailers at South Park by Windsor, a mixed-use property located at 201 W. Olympic Blvd. in downtown Los Angeles. The...
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DTLA’s South Park by Windsor Retail Hits 100% Occupancy
Kennedy Wilson completed three 10-year leases at South Park by Windsor, a mixed-use retail property in DTLA, bringing the ground-floor space to 100% occupancy. The deals total more than 12,500...
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What Do L.A.’s Emerging Neighborhoods Have in Common?
Hollywood, Downtown Los Angeles, Culver City, Koreatown—what do all of these neighborhoods have in common? All three are emerging markets in Los Angeles, and most have pushed their developments in...
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New Fly-Thru Video Shows Off Massive Oceanwide Downtown LA Project
One of the most exciting mega projects under construction right now in Downtown LA is the massive Oceanwide Plaza being built on Figueroa directly across the street from the Staples...
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This Week's LA Deal Sheet
This may be the season for giving, but for Kennedy Wilson SVP Christine Deschaine, the spirit of giving never takes a holiday. Besides volunteering with local organizations throughout the year,...
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How Are Retailers Adapting to Density?
Density is coming to Los Angeles. The once sprawling city is seeing vertical development and mixed-use complexes that other cities have had for years. In response, retailers are opening up...
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Kennedy Wilson Negotiates Three Leases for Jersey Mike’s Subs in Los Angeles
Global real estate investment and services firm Kennedy Wilson represented Jersey Mike’s Subs, a fast-casual sandwich chain with locations nationwide, on three lease transactions in 2015 throughout the Greater Los...
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Anchor Tenant Lands on Broadway
Planet Fitness has signed a long-term lease in a 72,000-square-foot office and retail building on Broadway in Downtown Los Angeles.
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Downtown's Figueroa Courtyard Trades Hands
Rising Realty Partners has acquired the Figueroa Courtyard, a 270,000-square-foot, five-building office park in the Bunker Hill neighborhood of Downtown Los Angeles, from the US Bank Corp. The sales price was not disclosed.
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Retail Market Hits Mini Growth Spurt
The retail market is benefiting from boosted confidence, illustrated by several new retail leases inked throughout the city. Kennedy Wilson recently closed the four retail lease transactions in Los Angeles submarkets, including Hollywood, Santa...
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HP Investors Acquires Broadway Hollywood
The San Diego-based firm HP Investors LLC makes its first foray into the Los Angeles market with the purchase of Broadway Hollywood, an 11,000-square-foot prime ground floor commercial condominium on Hollywood Blvd.