3507
Jack Northrop Ave
FEATURED PROJECTS
the
Hangar - Jack Northrop Ave -
Located in a bustling business park home to numerous cutting-edge technology companies, including SpaceX, Starlink, and Tesla.
Once home to Jack Northrop's original hangar and terminal building, the asset comprises 40,000 square feet on 3.5 acres with a fuel farm and direct access to Hawthorne Airport, located in the South Bay of Los Angeles, CA.
An opportunistic 9.3-acre laydown gravel yard, leased to local businesses. Acquired through a probate process at the courthouse steps, at a substantial discount to market.
The Yard offers flexible, short-term leasing opportunities, ideal for construction and logistics companies. Positioned to serve the growing industrial outdoor storage (IOS) market with shrinking supply as land turns over to developed real estate.
the
Yard
- Riverside, CA -
the Olivia
- Los Angeles -
The Olivia is currently in design to be a best-in-class multifamily property located at the corner of two main thoroughfares. Furthermore, the prestigious research university located near the development offers credit tenancy with highly secure income streams. The ground lease structure offers additional advantages, with accretive ground rent terms and economics. This is particularly favorable during inflationary periods and times of high construction costs.
Just steps from Sunset Boulevard, the Flats at Tamarind in Hollywood offer a quiet respite and place to rest your head between shoots.
Off-market land assemblage to develop 80 units (Opportunity Zone) flanked on either side by the major sound stages: Sunset Bronson and Sunset Gower Studios (original Warner Brother Studios). The project comprises both ground-up and gut-renovation.
the
Hollywood Flats
- Tamarind Ave -
IN THE PRESS
Institutional Pros on the Hunt for 'Funk'
Green Street's Real Estate Alert
03 / 26 / 2024
Flying High - A Deep Dive into the Acquisition of an Airplane Hangar
Real Talk with Andrew Kirsh
03 / 13 / 2024
Historic Hangar Has New Owner
Los Angeles Business Journal
10 / 09 / 2023
Jofa Buys Original Northrop HQ in Hawthorne out of Bankruptcy
The Real Deal
09 / 27 / 2023