
Frank D. Lanterman Regional Center Makes a Strategic Move
The Frank D. Lanterman Regional Center has embarked on a pivotal journey by securing a 10-year lease for 50,836 square feet at the Onni Group’s impressive 611 N. Brand location in Glendale, California. This $18.8 million deal is among the largest office transactions in the Glendale area this year and signals a significant consolidation of operations for the nonprofit, which provides crucial services to over 9,000 individuals with developmental delays.
Modern Amenities and Accessibility
By relocating from its current site in Koreatown, the Lanterman Regional Center will benefit from enhanced freeway access and modern tenant amenities, demonstrating a clear commitment to better serve its clientele. The building not only occupies a prominent position at the entrance of Glendale's business district, but it also boasts substantial floor plates and exclusive facilities, including Glendale's largest athletic center dedicated for tenant use.
Community Impact and Industry Trends
This move reflects broader trends within Southern California, as various nonprofits, like Amanecer Community Counseling Services, are actively expanding their operational footprints. The trend underscores a growing recognition of the need for modern spaces equipped to deliver effective services to communities. Such expansions can greatly impact local economies and service delivery, aligning with broader societal needs.
The Appeal of Glendale’s Office Market
The choice of Glendale indicates the area’s growing potential as an attractive hub for organizations. With its unique combination of amenities, accessibility, and a supportive business environment, Glendale is proving to be a desirable location for both nonprofits and corporations alike. As companies reassess their real estate strategies in light of changing economic landscapes, the appeal of locations like Glendale is set to rise.
Conclusion: A Transformative Step Forward
As the Frank D. Lanterman Regional Center prepares for this significant move, the organization is taking a transformative step toward optimizing its operations and enhancing service delivery. In the evolving landscape of commercial real estate and organizational needs, this lease serves as a reassertion of commitment to both its mission and the communities it serves.
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