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Brentwood buy.


Real estate firm Lowe Enterprises Inc. has opted to stay in Brentwood, renewing its lease at 11777 San Vicente San Vicente (sän vēsān`tā), city (1993 pop. 28,529), central El Salvador. Among its industries are textile manufacturing and sugar milling. San Vicente is the commercial center of a region that produces coffee and sugarcane.  Blvd. for about $11 million.

The deal with landlord Douglas Emmett Inc. for 34,593 square feet will keep Lowe in its headquarters building for another seven years, said Jerry Porter Jerry Porter can relate to more than one person:
  • Jerry Porter, A professional football player.
  • Jerry D. Porter, A General Superintendent of the Church of the Nazarene.
, chairman of CRESA Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, who represented Lowe on the deal.

The deal was in the low $3 range per square foot per month, a market rate deal for Brentwood. Lowe looked at relocating to Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries.  or Westwood, but the cost of relocating and the benefits of the Brentwood area kept the firm there.

CRESA principal Matthew Miller also represented Lowe. Douglas Emmett was represented in-house by Michael Means.

Staff reporter Daniel Miller can be reached at dmiller@labusinessjournal.com, or (323) 549-5225, ext. 263.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:REAL ESTATE
Author:Miller, Daniel
Publication:Los Angeles Business Journal
Date:Dec 18, 2006
Words:136
Previous Article:Record set.(REAL ESTATE)
Next Article:L.A. home prices still sending mixed signals on market trend.(REAL ESTATE)
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