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Taylor Made. (Real Estate).


The office development at the old Taylor Yards site near the intersection of the Golden State (5) and Glendale (2) freeways is picking up steam.

The Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Media Tech Center landed two deals totaling 54,000 square feet at its 390,000 square foot Phase One development, with total consideration at $11 million.

Los Angeles Unified School District The Los Angeles Unified School District (the "LAUSD") is the largest (in terms of number of students) public school system in California and the second-largest in the United States. Only the New York City Department of Education has a larger student population.  will be taking space for its transportation division, signing a 10-year, deal for 35,000 square feet at 2710 Media Tech Center. Bank One will be moving its check processing center from Pasadena to the same building, taking 19,000 square feet in a 10-year deal worth $3.9 million.

The Media Tech Center, which was developed by a partnership of AMB AMB Ambient
AMB Ambassador
AMB Amber
AMB Ambulance
AMB Associação Médica Brasileira (Brazil)
AMB Ambulatory
AMB Advanced Memory Buffer (FBDIMM control unit on DRAM) 
 Property Corporation and Legacy Partners and whose first phase was completed in October 2000, will break ground on its second phase upon the lease-up of Phase One.

That may be close to happening, according to according to
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1. As stated or indicated by; on the authority of: according to historians.

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 Dave Harding Dave Harding was born on August 14, 1946 in Liverpool, England[1] and is a former football (soccer) midfielder. He played for Wrexham from 1965 to 1966 before moving to Australia where he played for Pan Hellenic, Western Suburbs, Blacktown City and APIA until 1981. , the CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  first vice president representing the landlords. Harding said that with two recently closed deals and two more in negotiation, phase one would be 90 percent of occupied within the next couple months.

"The amenities base is not as mature as neighboring Glendale or Pasadena, but it still provides the employees with a central location," said Grubb & Ellis Co. Senior Vice President Bill Boyd Bill Boyd is:
  • Bill Boyd (gambler) gambler
  • Bill Boyd (casino operator) CEO of Boyd Gaming Corporation
  • Bill Boyd (baseball) - Major league baseball player.
  • Bill 'Cowboy Rambler' Boyd
. He added that the rising office rental rates in Glendale would continue to drive tenants toward less expensive alternatives like the Media Tech Center.

Price was a factor for Bank One.

"(Bank One) was able to significantly reduce occupancy costs and get a brand new building," said Trammell Crow Co. Senior Vice President Jonathan Larsen, who, with Trammell Crow's Lisa St. John, represented both tenants on the deals. Larsen estimated that the $1.69 a foot Bank One will be paying is about a dollar less a foot than it would've had to pay to stay in Pasadena.
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Title Annotation:AMB Property Corp. and Legacy Partners are planning to build a tech center on the old Taylor Yards
Comment:Taylor Made. (Real Estate).(AMB Property Corp. and Legacy Partners are planning to build a tech center on the old Taylor Yards)
Author:King, Danny
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 14, 2002
Words:323
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