Rentv 12/20/12 Nasty Gal is one of a number of companies that have inked recent leases at the historic PacMutual Building in downtown Los Angeles. Nasty Gal, the hot online retailer of new and vintage apparel and accessories, boosted its existing space at the building from 10k sf to 50.3k sf. They are joined by such notable businesses and organizations as KRD Enterprises, National Council of La Raza, Kleinfelder, Consumer Action, Industry LTD, and Caravan Book Store, who signed leases for an additional 14k sf.
Carle Pierose of Industry Partners represented RRP in these leases. With these latest deals, the building stands at roughly 80% leased.
The PacMutual Building, located at the corner of 6th and Grand in the heart of LA’s downtown, is owned by Rising Realty Partners (RRP). Since acquiring the 457k sf building, located across from Pershing Square, in April 2012, RRP has been focused on creating a dynamic office lifestyle location that meets the growing demand for community, accessibility, authenticity and open space.
RRP has also announced plans for a pocket park that will introduce Downtown to its first ever “Green Wall,” a vertical landscape feature that will scale a 6-story wall of the Clock Building on Olive Street. RRP is also refurbishing the building façades, including a restoration of the original terra cotta tile on the 12-story Beaux Arts building and a renovation of the entire façade on the Clock Building.
Inside the building, a series of restored suites in the sought after 12th floor penthouse recently became available, offering exposed brick, operating windows, and marble floors. The buildings are home to one of the largest rooftop decks in all of Downtown Los Angeles and offer opportunities to create a unique campus-like atmosphere. The garage valet area is also undergoing improvements, including a new valet desk, enhanced lighting and exposed brick walls.
*Shared by Jeff Vertun, Scott Steuber & Ted Simpson