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Request for Pr oposal
FOR SALE: 9942 C U LVER B O U LEVA R D
Culver City, California 90232


                                                                                                                                                              NE:
WWW.9942CulverBlvd.com                                                                                                                                     DLI 09
                                                                                                                                                        DEA 20
                                                                                                                                                   RFP 30,                                                                                   Martin McDermott •
                                                                                                                                                       IL                                                                                    310.235.2939 •
                           SITE                                                                                                                    APR                                                                                       Martin.McDermott@grubb-ellis.com


                                                                                                                                                                                                                                             Kevin Lachoff •
                                           Kirk Douglas Theatre                                                                                                                                                                              310.235.2916 •
                                       D



               E                                       HUGHES                                                                                                                                                                                Kevin.Lachoff@grubb-ellis.com
         SN
                               TON BLV




  DU QUE
                                                                                                                                                       Prime Location in –
                            WASHING




                                                                                                             D O W N TO W N C U LV E R C I T Y
   City Hall                                           DELMAS                                                                                         – RARE Opportunity!

               TE
        YET
   L AFA                                                                                                            LOT SIZE:                                                    ± 29,058 SF
                                                    WATSEK                                                          BUILDING SIZE:                                               ± 11,850 RSF
                                                           A
                                                                                                                    ZONING:                                                      C3/R4cc (CG/RMD)
    Pacific Theatre’s
                          CUL




                                                                                                                    PARKING:                                                     ± 45 spaces (with loading dock)
       Culver 12
                             VER




                                                                                                                    FRONTAGE:                                                    ± 183 FT
                                                     CARDIFF                                                        INTERIOR HEIGHT:                                             ± 18 FT clear height
        NG
                                 B




   IRVI
                                  LVD




                                                      MAIN ST                                                       Excellent Owner-User or Investment
                                                                                                                   property, with development potential!
          UR   EN                                     Ivy
                                  D




       NB
                          TON BLV




                                                   substation
   VA
                                                    CANFIELD
                        WASHING




   INCE


                                                            Grubb & Ellis Company 1100 Glendon Ave., Suite 900 Los Angeles, CA 90024 310.477.3800 main | 310.478.9478 fax | www.grubb-ellis.com
                                      The information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer/tenants should have the experts of their choice inspect the property and verify all information. Real
                                                                               estate brokers are not qualified to act as or select experts with respect to legal, tax, environment, building construction, soils-drainage or other such matters.
AMERICAN CANCER SOCIETY
RELAY FOR LIFE 2009




WHAT IS RELAY?
          A 24 hour walk to fight cancer! Get a group of
                family, friends and/or colleagues together and start your own
                        RELAY TEAM!
                                  Visit: www.Event.Cancer.org/rflSantaMonicaCA
                                         and GET   YOUR
                                                 RELAY TEAM
                                                    STARTED!




      LOCATION: 1900 Pico Boulevard, Santa Monica, CA 90405
             SAVE THE DATE: July 17th & 18th
                         TIME: TBD

COME AND SPEND A DAY THAT YOU’LL NEVER FORGET!
Request for Pr oposal
FOR SALE: 9942 C U LVER B O U LEVA R D
Culver City, California 90232

                                                                                                                                                 :
                                                                                                                                             INE
WWW.9942CulverBlvd.com
                                                                                                                                       DE ADL 009
                                                                                                                                             2
                                                                                                                                  RFP 30,
                                                                                                                                      IL
                                                                                                                                  APR




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                                                                                                                                                                 Martin McDermott •
                                                                              ‹-
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                                                                              ‹-
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                                                                              ‹
                                                                              ‹
                                                                              ‹
                                                                              ‹
                                                                              ‹
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                                                                              ‹




                                                                                                                                                                        310.235.2939 •
                                                                                 -
                                                           -


                                                                              -
                                                            -
                                                         ‹--




                                                                                                                                                      Martin.McDermott@grubb-ellis.com
                                              ard



                                                                ‹--




                                                                                                                                                                         Kevin Lachoff •
                                                                  ---
                                                                  -
                                                                  -
                                                                  -
                                                                  -
                                            lev




                                                                                                                                                                          310.235.2916 •
                                         ou
                                       rB




                                                                                                                                                           Kevin.Lachoff@grubb-ellis.com
                                   lve
                                  Cu



                                                  ‹--
                                                    --
                                                    -
                                               -
                                               -
                                               -
                                               -
                                               -
                                               -
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                                                        ven
                                    --
                                    --
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                                    -




                                                            ue
                                  -




                                                                                                                                            The property is eligible for nomination to the National
                                                                                                                                            Register of Historic Places and as such will be sold
                                                                                                                                            with a deed restriction that will require preservation
                                                                                          Lin
                                                                                              col                                           of the building in accordance with the Secretary of
                                                                                                  nA
                                                                                                    ven                                     the Interior’s standards for Historic Preservation
                                                                                                        ue
Brokers Opi n i o n o f Va l u e

Wilshire Crescent Properties
9355 Wilshire B o u l eva rd , B eve r l y H i l l s, Ca l i fo r n i a , 9 0 2 1 0
155 N. Cresce nt D r i ve , B eve r l y H i l l s, Ca l i fo r n i a , 9 0 2 1 0




 Prepared for:
                                                                                                          Prepared by:

                                                                                             Serge Vishmid                 David C. Lachoff
                                                                                          Senior Vice President           Senior Vice President
                                                                                               310/235-2924                   310/235-2932
                                                                                      serge.vishmid@grubb-ellis.com   david.lachoff@grubb-ellis.com


                                                                                            David Ghermezian                 Kevin Lachoff
                                                                                         Senior Vice President               Senior Associate
                                                                                            310/235-2909                      310/235-2916
                                                                                  david.ghermezian@grubb-ellis.com    kevin.lachoff@grubb-ellis.com




        GRUBB & ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800
        GRUBB & ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800
2. Property Overview
             155 N. Crescent Drive & 9355 Wilshire Boulevard
             Beverly Hills, California, 90210



   B. AREA LOCATION: Surround Retailers


 Bally
 Barneys New York
 BCBG
 Bebe
 Rrooks Brothers
 Burberry
 Cartier, Inc
 Chanel Boutique
 Coach
 Cole Haan
 Emporio Armani Boutique
 Faconnable
 Giorgio Armani Boutique
 Gucci
 Hermes of Paris
 Hugo Boss
 Juicy Couture
 Lacoste Boutique
 Louis Vuitton
 Mastro’s Steakhouse
 Mercedes-Benz of Beverly Hills
 Neiman Marcus
 Niketown
 Polo Ralph Lauren
 Ruth’s Chris Steak House
 Salvatore Ferragamo
 Tiffany & Co.
 Valentino Boutique
 Van Cleef & Arpels
 Whole Foods
 Yves St Laurent




                   GRUBB & ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800
2. Property Overview
              155 N. Crescent Drive  9355 Wilshire Boulevard
              Beverly Hills, California, 90210



     B. AREA LOCATION MAPS:




 Beverly Hills Golden Triangle:                     In between Wilshire and Sunset Boulevards, you will find what is sometimes called “The
 Golden Triangle,” bounded by Santa Monica Boulevard (on the northwest), Wilshire Boulevard (on the south), and Canon Drive (on the east).
 Within the “Golden Triangle” is a grid of seven smaller commercial streets filled with shops and restaurants. At the center of this triangle is
 none other than Rodeo Drive, Beverly Hills’ fabled shopping avenue. - http://www.seeing-stars.com




                                                                                                  Beverly Hills




                                   Golden Triangle                                     SITE




                   GRUBB  ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800
                                                                                                                                              10

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  • 1. Request for Pr oposal FOR SALE: 9942 C U LVER B O U LEVA R D Culver City, California 90232 NE: WWW.9942CulverBlvd.com DLI 09 DEA 20 RFP 30, Martin McDermott • IL 310.235.2939 • SITE APR Martin.McDermott@grubb-ellis.com Kevin Lachoff • Kirk Douglas Theatre 310.235.2916 • D E HUGHES Kevin.Lachoff@grubb-ellis.com SN TON BLV DU QUE Prime Location in – WASHING D O W N TO W N C U LV E R C I T Y City Hall DELMAS – RARE Opportunity! TE YET L AFA LOT SIZE: ± 29,058 SF WATSEK BUILDING SIZE: ± 11,850 RSF A ZONING: C3/R4cc (CG/RMD) Pacific Theatre’s CUL PARKING: ± 45 spaces (with loading dock) Culver 12 VER FRONTAGE: ± 183 FT CARDIFF INTERIOR HEIGHT: ± 18 FT clear height NG B IRVI LVD MAIN ST Excellent Owner-User or Investment property, with development potential! UR EN Ivy D NB TON BLV substation VA CANFIELD WASHING INCE Grubb & Ellis Company 1100 Glendon Ave., Suite 900 Los Angeles, CA 90024 310.477.3800 main | 310.478.9478 fax | www.grubb-ellis.com The information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer/tenants should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or select experts with respect to legal, tax, environment, building construction, soils-drainage or other such matters.
  • 2.
  • 3.
  • 4. AMERICAN CANCER SOCIETY RELAY FOR LIFE 2009 WHAT IS RELAY? A 24 hour walk to fight cancer! Get a group of family, friends and/or colleagues together and start your own RELAY TEAM! Visit: www.Event.Cancer.org/rflSantaMonicaCA and GET YOUR RELAY TEAM STARTED! LOCATION: 1900 Pico Boulevard, Santa Monica, CA 90405 SAVE THE DATE: July 17th & 18th TIME: TBD COME AND SPEND A DAY THAT YOU’LL NEVER FORGET!
  • 5.
  • 6. Request for Pr oposal FOR SALE: 9942 C U LVER B O U LEVA R D Culver City, California 90232 : INE WWW.9942CulverBlvd.com DE ADL 009 2 RFP 30, IL APR ard Du que lev sne ou Ave F o r mo r e i n f o r m at i o n : nue rB -- lve ‹-- Cu Martin McDermott • ‹- ‹- ‹- ‹- ‹- ‹- ‹- ‹- ‹-- ‹ ‹ ‹ ‹ ‹ ‹ ‹ ‹ ‹ ‹ ‹ ‹ 310.235.2939 • - - - - ‹-- Martin.McDermott@grubb-ellis.com ard ‹-- Kevin Lachoff • --- - - - - lev 310.235.2916 • ou rB Kevin.Lachoff@grubb-ellis.com lve Cu ‹-- -- - - - - - - - - - - - - - - -- ‹-- Lin col nA ‹-- ven -- -- -- -- -- - ue - The property is eligible for nomination to the National Register of Historic Places and as such will be sold with a deed restriction that will require preservation Lin col of the building in accordance with the Secretary of nA ven the Interior’s standards for Historic Preservation ue
  • 7.
  • 8.
  • 9. Brokers Opi n i o n o f Va l u e Wilshire Crescent Properties 9355 Wilshire B o u l eva rd , B eve r l y H i l l s, Ca l i fo r n i a , 9 0 2 1 0 155 N. Cresce nt D r i ve , B eve r l y H i l l s, Ca l i fo r n i a , 9 0 2 1 0 Prepared for: Prepared by: Serge Vishmid David C. Lachoff Senior Vice President Senior Vice President 310/235-2924 310/235-2932 serge.vishmid@grubb-ellis.com david.lachoff@grubb-ellis.com David Ghermezian Kevin Lachoff Senior Vice President Senior Associate 310/235-2909 310/235-2916 david.ghermezian@grubb-ellis.com kevin.lachoff@grubb-ellis.com GRUBB & ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800 GRUBB & ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800
  • 10. 2. Property Overview 155 N. Crescent Drive & 9355 Wilshire Boulevard Beverly Hills, California, 90210 B. AREA LOCATION: Surround Retailers Bally Barneys New York BCBG Bebe Rrooks Brothers Burberry Cartier, Inc Chanel Boutique Coach Cole Haan Emporio Armani Boutique Faconnable Giorgio Armani Boutique Gucci Hermes of Paris Hugo Boss Juicy Couture Lacoste Boutique Louis Vuitton Mastro’s Steakhouse Mercedes-Benz of Beverly Hills Neiman Marcus Niketown Polo Ralph Lauren Ruth’s Chris Steak House Salvatore Ferragamo Tiffany & Co. Valentino Boutique Van Cleef & Arpels Whole Foods Yves St Laurent GRUBB & ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800
  • 11. 2. Property Overview 155 N. Crescent Drive 9355 Wilshire Boulevard Beverly Hills, California, 90210 B. AREA LOCATION MAPS: Beverly Hills Golden Triangle: In between Wilshire and Sunset Boulevards, you will find what is sometimes called “The Golden Triangle,” bounded by Santa Monica Boulevard (on the northwest), Wilshire Boulevard (on the south), and Canon Drive (on the east). Within the “Golden Triangle” is a grid of seven smaller commercial streets filled with shops and restaurants. At the center of this triangle is none other than Rodeo Drive, Beverly Hills’ fabled shopping avenue. - http://www.seeing-stars.com Beverly Hills Golden Triangle SITE GRUBB ELLIS COMPANY 1100 Glendon Avenue, Suite 900, Los Angeles, CA 90024-3513 310.477.3800 10