- Business Advocacy
Long-term tenant USC has renewed their lease and added 14,175 square feet of space for a total of 87,852 square feet of leased office space at The Alhambra, a reimagined 40-acre mixed-use urban community developed by The Ratkovich Company. The Alhambra is located at 1000 S. Fremont Ave., in the City of Alhambra.
John Zanetos, executive vice president; Chris Penrose, senior vice president; and Phillip Ruhl, senior associate with CBRE represented The Alhambra in the deal. USC was represented by Rocky Binswanger, first vice president; and David Freitag, vice president with CBRE.
“We greatly appreciate the loyalty of USC as a long-term tenant, and we are pleased that they are expanding their space at The Alhambra,” said Megan Moloughney, senior development manager, The Ratkovich Company.
“As a result of COVID-19, tenants are placing a greater premium on providing a healthy workplace for their employees, and our campus offers the ideal environment,” said Mr. Zanetos. “The low-density brick buildings supply excellent ventilation, opening onto extensive green space with meandering paths and outdoor areas for people to safely socialize. Other key attractions include high-grade interior air filtration and Bloom Energy fuel cells, which generate clean, reliable electricity on-site, with lower CO2 emissions than the local electrical grid and virtually no particulate emissions that cause smog and respiratory diseases.”
Since acquiring and redeveloping The Alhambra in 1999, The Ratkovich Company has demonstrated its ongoing commitment to providing tenants and the local community with a healthy, creative, environmentally conscious campus that ties into its mission to improve the overall quality of urban life. This vision has resonated with long-term occupants, resulting in high tenant retention rates and major office space expansions.