Friday, September 17, 2010

Available Space for Nonprofit Arts Organization

The Los Angeles County Arts Commission is sharing information about a 1,813 square foot commercial office space being offered to the nonprofit arts community at a significantly reduced rental rate. The office suite is located at 1055 Wilshire Blvd., Suite 800A, Los Angeles, 90017, adjacent to the Arts Commission's office in downtown Los Angeles.

The monthly rate being offered by Jamison is $1,000 per month ($0.55 per square foot). The current market rate for the space is approximately $3,800 per month ($2.10 per square foot).

The space is available on a month-to-month basis. The rental rate is fixed for six months, with the opportunity to negotiate the continuation of the lease. The space is available immediately.

The tenant would enter into a lease agreement directly with Jamison Properties, Inc. It is possible for one or more entities to share the space, so long as one entity enters into a master tenant lease agreement with the landlord. The space could comfortably accommodate 4-5 small arts organizations.

Please review the Fact Sheet about the space and the agreement requirements, which follow and are available here.

Should you be interested in learning more about this opportunity, a one-time walk-through of the space will be held on:

Tuesday, October 12

4:00-5:00 pm

Los Angeles County Arts Commission

1055 Wilshire Blvd., Suite 800

Los Angeles, 90017

RSVP today at: http://nonprofitartsspace.eventbrite.com

Questions should be referred to Miriam Gonzalez at mgonzalez@arts.lacounty.gov or 213-202-5858.

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