Industrial

WORKS

CASE STUDIES: INDUSTRIAL

Former industrial properties have become a go-to choice for tech and creative companies, and DTLA’s Arts District is home to over 30 million SF of such space, fueling its rise as one of the top destinations for innovative companies in growth industries.

ROW DTLA

In terms of scope and ambition, no other industrial conversion comes close to the vision that Atlas Capital has been making a reality for ROW DTLA. More than a campus, at 32 acres and almost 3 million SF of rentable space, it is a “city within a city” that features a curated mix of contemporary offices, bespoke boutiques, and artisanal eateries, all served by a 4,000-stall parking structure that affords tenants 4 spaces per 1,000 SF.

WARNER MUSIC

Originally built in 1914 to manufacture Ford Model T automobiles, this property at 7th and Santa Fe was purchased by Shorenstein in 2014, just as the Arts District was taking off, and restored it back to its former glory. In 2019 it became the new home of Warner Music Group, whose relocation from Burbank firmly established DTLA as a premier location for media and creative companies.

CALIFORNIA MARKET CENTER

Built in 1962 as a showroom and merchandising complex, it quickly became the heart of the world-renowned LA fashion industry. Comprising three towers and over 1.8 million SF, it was acquired by Brookfield Properties in 2017 - who has undertaken a $170M redevelopment and creative office repositioning featuring state-ofthe-art facilities, infrastructure, and amenities, including an open-air shopping plaza, rooftop terraces, and an Urbanspace food hall. The effort has already landed its first new signature tenant in Adidas, who will occupy 107,000 SF.

THE SWITCHYARD

Completed in 2019, this is one of several new Arts District properties built in an “industrial style” to complement the neighborhood character. Properties like this offer the same look and feel as their 100-yearold counterparts but are designed with modern tenant needs in mind. New owners SteelWave, who bought the property at the height of the pandemic, plan to add improved outdoor seating and upgraded lobbies to the already Class A property.