LOS ANGELES, Nov. 10, 2016 /PRNewswire/ -- Mani Brothers Real Estate Group has announced the purchase of The Landing at Playa Vista, an approx. 100,000 sq. foot newly renovated class-A office property located at 12655 Jefferson Blvd. in Playa Vista, a submarket of Los Angeles. The six-story property is the newest addition to Mani Brothers Real Estate Group's impressive portfolio that includes some of Los Angeles' top office and hospitality spaces.
"The Landing at Playa Vista is the perfect addition to our current portfolio of one-of-a-kind, landmark properties," said Simon Mani, co-founder of Mani Brothers Real Estate Group. "Playa Vista has seen a surge of high-profile technology companies over the last few years, and we look forward to providing the office spaces of choice for these global companies. The high demand for creative space will continue to grow and attract tenants to this budding market."
The Landing at Playa Vista was originally constructed in 1985 and was recently redeveloped as a creative office space with extensive upgrades including exposed ceilings, open floor plans, and outdoor decks. The space offers great street visibility, easy access to the 90 and 405 freeways, and close proximity to the Runway at Playa Vista.
Brokered by Madison Partners' Bob Safai, Matt Case and Brad Schlaak, this transaction marks the second off-market acquisition by Mani Brothers Real Estate Group in Playa Vista in the last two years. The full-service commercial property firm first purchased 12555 Jefferson Blvd., an approx. 94,000 sq. foot class-A office property across the street from The Landing at Playa Vista.
About Mani Brothers Real Estate Group:
Founded in 1994 and headquartered in West Hollywood, Mani Brothers Real Estate Group is a privately-held real estate investment firm that owns, renovates, operates, manages and leases 1.3 million square feet of prime commercial property.
With a growing portfolio of class-A, trophy office buildings located in some of Southern California's most unique commercial neighborhoods, Mani Brothers understands the importance of aesthetic excellence, attention to detail, and responsive, focused management in providing tenants an efficient and prestigious office environment. They understand the importance of being a part of the communities in which they are located, and work closely with the various counties of Southern California in offering beautification, safety, convenience and environmental care with each of their buildings. Mani Brothers Real Estate Group purchased Malibu Beach Inn in 2015, marking their foray into the luxury hospitality realm.
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SOURCE Mani Brothers Real Estate Group