Listing Template-2
LOCATION
420 E 3rd St
Los Angeles, CA 90013
Property Details
Space Available: 30,914 Sq Ft.
Rental Rate: Negotiable
Property Type: Office Building
Additional Sub-types: Creative/Loft; Medical Office/Restaurant
Building Size: 123, 275 SF
Date Available: April 2015
Space Highlights: Parking/On-site Parking Available
Property Highlights
Inspired by the concept of “ten” (Japanese for “heaven”), Ten Terrace aims to be the ideal destination for downtown vitality. At Ten, visitors actively enjoy the luxury of meeting most of their needs for health and happiness in a single, accessible location. And it’s management’s endeavor, through seamless architectural experiences and cross-promotional culture, to ensure that its tenants continuously benefit from this heavenly cohesion.
Space Available:
- 130: 15,000 SF
- 608: 6,737 SF
- 701: 1,091 SF
- 704: 1,253 SF
- 727: 1,218 SF
- 801: 3,434 SF
- 903A: 654 SF
- 1005: 632 SF
- 1015: 895 SF
Situated in the heart of the city
Nestled in between the corporate hubbub of the Financial District and the trendy industrial Arts District, Pacific Commerce at 420 E. 3rd Street is perfectly positioned in the emerging Little Tokyo neighborhood that’s fast becoming the ideal environment for Angelenos to live comfortably, to work hard, and play in the vibrant downtown nightlife.
“Downtown LA goes from gritty to glitzy
”
As the historic Little Tokyo neighborhood celebrates it’s 131st anniversary, this unique neighborhood maintains the familiar spirit of a small community. The preeminence of Pacific Commerce gives way for a future of renewed vitality that will cultivate the community’s innovation, culture, style, & energy.
A push for more
With the sharp upsurge of Downtown’s population that’s just over 50,000 residents with higher income and more education, comes a higher demand in Little Tokyo for more new restaurants, retail, work offices, and living spaces. Pacific Commerce is situated at one of the busiest intersections in this easily walkable neighborhood, consisting of five large city blocks.
Neighborhood
This neighborhood’s prominence will become even greater with the Little Tokyo/Arts District Regional Connector station. The regional station is projected to become the second busiest transit stations in Los Angeles County, making Little Tokyo into an important transfer center that links to the rest of Los Angeles.
Renegade Craft Fair
“America’s next great city is inside LA: The new capital of cool is in the US…America’s new great city
”
“It all might be rough around the edges, and sometimes you have to dig to get to the greatness — that’s LA in a nutshell — but if you want to see and taste the diverse and unique world-class city that Los Angeles is becoming, Downtown is where you start.
”
Downtown’s new outlook
The tremendous growth and development that’s happening Downtown is quite unprecedented. With an increased population of 45,518 residents, this new demographic is flourishing with more highly educated, affluent, young people that are high-skilled employed.
The growing appeal in downtown is reflected in the sheer number and scale of mega projects currently under construction. In fact, over 2.1 million square feet of retail space is under construction in Downtown, a compelling sign that this evolving neighborhood is ready to deliver on what’s promised.