Weedmaps’ Ghost Management Group inks space at Row DTLA

Ghost joins Adidas, Spaces and a slew of retail shops at the Arts District project

Los Angeles /
Jun.June 20, 2019 02:00 PM
Ghost Management CEO Doug Francis and Row DTLA
Weedmaps Chairman Doug Francis and Row DTLA

UPDATED, June 20, 3:25 p.m.: The newest tenant at the Row DTLA is cannabis industry tech firm Ghost Management Group.

Ghost Management Group’s biggest brand is Weedmaps, an online platform for finding cannabis retailers. The Irvine-based firm is taking 115,000 square feet of office space — the three top floors — at the Arts District complex, according to the Los Angeles Business Journal.

Ghost Management joins Adidas, the Dutch co-working firm Spaces and the advertising studio WC+A at 777 S. Alameda Street.

Weedmaps is popular with cannabis enthusiasts in L.A., but it highlights L.A.’s nagging problem with unlicensed shops. Weedmaps doesn’t differentiate between licensed and unlicensed shops, which means users won’t necessarily know if they are buying from an unlicensed seller.

California ordered Ghost Management to stop advertising unlicensed shops last year, but authorities have used it to identify unlicensed shops as recently as this Spring, when L.A. County sued a property owner in South L.A.

The Row DTLA was developed by Atlas Capital Group and Square Mile Capital and has 1.3 million square feet of office space, along with 65 retail spaces. It’s an adaptive reuse project of a wholesale produce market built in the early 1920s.

It’s one of many office-retail projects the Arts District. Right now Continuum Partners is working on a 107,000-square-foot office and retail complex near the L.A. River. Further south, Lowe Development is working on a 100,000-square-foot space.

CBRE’s Chris Penrose, Jeffrey Pion and Michelle Esquivel represented Atlas and Square Mile. Newmark Knight Frank’s Ryan Harding and Mark Gardner repped Ghost Management. [LABJ] – Dennis Lynch 

Correction: A previous version of this story listed Doug Francis as CEO of Weedmaps. In March he was named Chairman of Weedmaps’ Board of Directors. The CEO is Chris Beals.


Related Articles

arrow_forward_ios
Photo illustration of Prologis CEO Hamid Moghadam in front of the Greyhound station at 1716 E 7th St. (Getty)

Prologis buys LA Greyhound station for $91M

Prologis buys LA Greyhound station for $91M
Rockwood Capital's Walter P. Schmidt, LPC West's David Binswanger, and Deka Immobilien's Ulrich Bäcker. (915 Wilshire, Rockwood, LPC, Deka)

Rockwood Capital, Lincoln Property sell DTLA office tower for $196M

Rockwood Capital, Lincoln Property sell DTLA office tower for $196M
300 S. Santa Fe Ave. (Google Maps)

LA’s top 5 multifamily investment sales of 2020 fell 50%

LA’s top 5 multifamily investment sales of 2020 fell 50%
Burbank Studios with Blackstone's Nadeem Meghji and Jeffrey Worthe (Google Maps)

Blackstone partners with Worthe Real Estate on 500K sf office tower

Blackstone partners with Worthe Real Estate on 500K sf office tower
Continuum CEO Mark Falcone and a rendering of the project (EYRC Architects via Urbanize)

Continuum Partners, Platinum Equities plan Arts District office tower

Continuum Partners, Platinum Equities plan Arts District office tower
The Beverly Hills office (Credit: Google Maps)

Sam Hakim-led family firm pays $36M for Beverly Hills office

Sam Hakim-led family firm pays $36M for Beverly Hills office
Onni Group’s Rossano De Cotiis and a Wilshire Courtyard rendering

Onni Group’s Wilshire Courtyard overhaul would triple square footage

Onni Group’s Wilshire Courtyard overhaul would triple square footage
Adam Belfer and Asher Luzzatto with a rendering of the converted dairy

Luzzatto scores $49M construction loan for Sweetgreen HQ in West Adams

Luzzatto scores $49M construction loan for Sweetgreen HQ in West Adams
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...