Leases are aplenty for Ratkovich’s Alhambra campus

Ratkovich Company has signed 200,000 square feet of new leases, lease expansions and extensions

Mar.March 31, 2016 04:00 PM

The Ratkovich Company is closer and closer to reaching full capacity at its 45-acre mixed-use campus at 1000 South Fremont Avenue in Downtown Alhambra.

The development firm’s updated lease expansions, extensions and new leases total 200,000 square feet. This means that the campus’ occupancy is now about 70 percent. According to GlobeSt, Ratkovich expects that figure to grow to 90 percent by 2017.

Most of this growth can be attributed to expansions and extensions. New tenants include FirstSteps for Kids and the American College of Commerce & Technology, both leasing an average of 6,500 square feet in office space.

“Despite losing two large tenants to bankruptcy and reorganization shortly after the recession, we have had consistent occupancy through the downturn,” Clare de Briere, Ratkovich’s COO and EVP, told

The success of the campus, called the Alhambra, is a contrast to the company’s troubles at the Bloc, its 1.1 million-square-foot office and retail redevelopment in downtown L.A. The high-profile project faces cash problems and the possibility of a default on its loans.

Earlier this month, Ratkovich unveiled its $100 million plan to makeover San Pedro’s Ports O’Call, in partnership with Jerico Development. [GlobeSt]Cathaleen Chen

Related Articles

Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

6550 South Normandie Avenue (Credit: Google Maps)

Haroni Investments to turn parking lot into new apartments

Council President Herb Wesson and a rendering of District Square

City will draw up “anti-displacement zone” ordinance

Governor Gavin Newsom and Senator Nancy Skinner (Credit: Getty Images and iStock)

Developers rejoice: Newest state law aims to boost housing production

Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

Ron Galperin and an overview of LA (Credit: iStock)

LA owns thousands of properties, many of them vacant. LA’s controller has an idea to spur development

Bob Halavi and 827 South Grand View Street (Credit: LinkedIn and Google Maps)

This 60-unit resi project would add to MacArthur Park’s growing pipeline