35-ACRE WARNER CENTER LOT SOLD; PRUDENTIAL SET TO LEASE OFFICES.Byline: Enrique Enrique (IPA [en'ɾike]) is the Spanish form of the name Henry. As a given name, it ranked 298 out of 1219 for males of all ages in the 1990 U.S. Census. Rivero Daily News Staff Writer The 35-acre Prudential Prudential is the name of two different companies and buildings named after them: Companies:
LNR Last Number Redial LNR London News Radio LNR Left/Node/Right (in order binary tree traversal in computer programming) LNR Local Negotiated Rate Property Corp., which will lease the site back to the insurance giant, officials said Tuesday. The two buildings on the property along Burbank Boulevard in Warner Center comprise 450,000 square feet. The site also includes 10 undeveloped acres that could accommodate an additional 375,000 square feet of office and restaurant space. If entirely redeveloped, the site could accommodate up to 1.5 million square feet, the statement said, without elaborating whether any redevelopment plans are in the works. Officials from Lennar and Prudential could not be reached for comment Tuesday. Terms of the purchase or the length of Prudential's lease were not disclosed. But in a prepared statement, Kevin Read, a Lennar Partners vice president who handled the acquisition, said the property ``offers a strategic location, superior transportation access and an abundance Abundance See also Fertility. Amalthea’s horn horn of Zeus’s nurse-goat which became a cornucopia. [Gk. Myth.: Walsh Classical, 19] cornucopia conical receptacle which symbolizes abundance. [Rom. Myth. of local amenities.'' Prudential has insurance and health care division operations at the site. Prudential is the parent of Prudential HealthCare, a unit the insurance company is rumored to want to spin off. About 1,000 people work at the Woodland Hills campus. Office leasing has been hot in the Valley, but it's hard to tell how long that trend will continue given the stock market's wild mood swings and the continuing Asian currency crisis, said Julie Gertler, chairwoman of the Valley Industry and Commerce Association's Land Use Committee and president of Los Angeles-based community relations 1. The relationship between military and civilian communities. 2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. firm Consensus Planning Group. In addition, should Lennar add more offices, it could face some stiff competition from the nearby Warner Ridge project, which is entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to 690,000 square feet of development and whose developers have been actively courting tenants, she said. ``By the time (Lennar) gets to it will it be viable for all that office space?'' Gertler said. ``Nobody knows the answer to that.'' The purchase is Lennar Partners' first acquisition in the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. . |
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