The Real Deal Los Angeles

Rams closing in on 50K sf deal for new Agoura Hills HQ

LA's new NFL team may be signing a lease at 29899 Agoura Road
(credit: feelthedurn.wordpress.com)

(credit: feelthedurn.wordpress.com)

The Rams may be charging towards Agoura Hills.

The NFL team is close to inking a short-term deal for a 50,000-square-foot office space at 29899 Agoura Road for its new team headquarters, industry sources told GlobeSt.com. The lease would be short term until the team’s Inglewood stadium opens in 2019.

Realty Bancorp Equities, an agency that develops largely office, industrial and retail buildings in Southern California, is the landlord.

“I think that Norm Kravatz [the owner of Realty Bancorp Equities] probably reached out the Rams, but from my contacts, both on the brokerage side and in the community, I don’t think that deal has landed yet,” a source told the publication.

Since the announcement of the Rams’ return to L.A. from St. Louis, real estate firms have scrambled to be part of their potential impact on the market.

The team’s move could bring anywhere from $200 to $400 million to Los Angeles’ residential real estate market, Lee Mintz, head of the sports and entertainment division at Partners Trust, previously told The Real Deal[GlobeSt]Cathaleen Chen

  • Don Stricklin

    Rams suck. Why can’t we get a real team? $360 for one ticket in the top row of the Coliseum? Send em back to Cleveland or St. Louis or wherever, they are bad news for LA. Fool me once, shame on you, fool me twice, shame on me.

    • Michael Forrest

      That $360 ticket in the top row is NOT per game. It’s for 10 games. 8 regular season games plus two pre-season games. So, an average of $36 per game. I think you can handle that….