The Grapevine

-Extremely high ceiling with beautiful bow truss system

-±3,500 SQFT ground floor space with steel ±1,000 SQFT mezzanine

-In the heart of Beverly Grove on Beverly Blvd - neighboring tenants include Healthy Spot, Modern Animal, Marvin and Lawrence of La Brea

-Surrounded by multi million dollar homes and high end apartments and condos

-Great frontage and visibility

Space Leased: +/-10,050 SF

Deal Type: New Lease

Size: +/-14,450 SF

Tenant: Break the Floor

Brokers Involved: David Aschkenasy and David Ickovics of Commercial Asset Group represent the landlord

Deal Commentary: LA based dance entertainment company Break the Floor will make a new home in the city’s Sherman Oaks neighborhood with a new 3 year lease

Playhouse Village Foundation hosted the event in the nation’s oldest comedy club to raise funds for 2024 programs in the new Playhouse Village Park. The evening in the nation’s oldest comedy club generated $45,000 for free public events and activities in the new Playhouse Village Park. Activities will include summer jazz concerts, movies in the park, holiday programs and activities for dogs, kids and their owners, and more.

This West LA office building features 30 units (+/-19,325 SF) of executive style offices with a courtyard. All suites are built with wood moldings and brick inlays, 42 parking spaces, an seasoned tenants.

“I don’t think as landlord I would have been encouraged to have a vet clinic 15 years ago, but today I would”, said Mr. Danialifar of GD Realty, Modern Animal’s West Hollywood landlord.

Ground-floor retail space, considered a must-have for many urban developments, is more challenging to lease in today's market, even as the multifamily spaces atop the retail are snapped up at record rates, causing brokers to get creative.

The Playhouse Village Foundation (PVF) announces its formation as a charitable 501(c)3 non-profit organization with a mission to support a thriving urban community in Playhouse Village in the heart of Pasadena.

February 2nd, 2021. The Laemmle Playhouse 7 theater has just sold to Arash Danialifar of GD Realty Group for $7.3 million as a sale-leaseback agreement. Danialifar and Laemmle Theatres paired up with a local developer to purchase its Pasadena location. In a sale-leaseback agreement, an entity still keeps a lease on its property even though it has been sold, benefitting the seller with a cash infusion for their business. The Laemmle Playhouse 7 stands at 22,897 SQFT and is located at 673 E. Colorado Blvd.

March 16th, 2020. GD Realty Group has just closed escrow on 215-217 N Larchmont Blvd. in the heart of Larchmont Village. This centrally located commercial area is bordered by Hollywood, Hancock Park, Miracle Mile and Koreatown. Neighboring tenants include Trina Turk, Salt & Straw, Starbucks, and many more. Larchmont Village is in close vicinity to Paramount Studios, The Grove, LACMA, and Hollywood Forever Cemetery.

A 3,000-square-foot retail building and adjacent parking lot sold in a land value only sale. It was an all-cash transaction. Bought by Cedars-Sinai Health System and sold by Arash Danialifar.

April 9th, 2020. GD Realty Group has just closed escrow on 2936 Main Street in downtown Santa Monica. This property is just steps away from Santa Monica beach, and is surrounded by upscale retail, fine dining, and luxury condominiums. Neighboring tenants include Bulletproof Coffee, Enterprise Fish Co, Free People and Espresso Cielo, among many others. 2936 Main Street is within close vicinity to the Santa Monica Pier, The Promenade, and Venice Beach.

May 12th, 2020. GD Realty Group has just closed escrow on 14600 Ventura Blvd. in Sherman Oaks. The property is located in a prime location in a bustling commercial area with heavy foot traffic. Neighboring tenants include Midici Pizza, Urban Outfitters, Juice Crafters, Ultrazone Laser Tag and Buffalo Exchange, among many others. This property is surrounded by multi million dollar homes, and has a high walkability score.

July 2nd, 2020. GD Realty Group has broken ground on a 60,000 sq. ft. mixed use building in the heart of the Playhouse Village in Pasadena. The building will have 40 Units comprising of mostly 2 bedroom and townhouse units with a 3000 sq. ft. ground floor retail and underground parking. Project is scheduled to be completed Q3 of 2022.

October 9th, 2020. At 8,500 square feet, Belgian fashion designer Dries Van Noten’s new shop — his seventh — is his largest, bigger than the ones in his hometown of Antwerp, Belgium, or in Paris. Located on La Cienega Boulevard in Los Angeles, in the home of a former jewelry factory and across from the stalwart diner Norms, the spacious store, which opened Friday, would feel ambitious in scope even if it weren’t for the fact that it came together during the COVID-19 pandemic.

October 9th, 2020. Dries Van Noten has opened on 451 N. La Cienega Blvd in West Hollywood. A pioneer in Belgian fashion in the early 1990's, the “Antwerp Six” designer will open his doors in the U.S. for the first time today. The 8,500 square foot space is his largest store thus far, right in the heart of West Hollywood, bordered by the Melrose design district, San Vicente Blvd and Beverly Blvd. Its neighbors include The Beverly Center, Cedars Sinai Hospital and The Pacific Design Center, as well as upscale hotels such as the SLS Beverly Hills and the Sofitel Los Angeles at Beverly Hills.

August 23rd, 2018. GD Realty Group has just closed escrow on 614 E. Colorado in the Playhouse District of Pasadena. The property is well located with parking in the back of the building. Neighboring tenants include Urth Cafe, Tender Greens, and Anytime Fitness. GD will be renovating the building, which is scheduled to be completed by August 2019, and has already pre leased half of the space to Healthy Spot. The renovations will include an entirely new store front, the removal of the 2nd floor to expose the 22ft. high ceilings, upgrade to power to 1000AMPs, upgrade to water and also the installation of grease traps.

The 14,000-square-foot property consists of office and retail suites averaging 325 square feet laid out along a courtyard, each with a separate entrance. It is located just off Hollywood Way across the street from the highly popular Porto’s restaurant. It was fully leased at the time of the acquisition.

September 24th, 2019. A multi-tenant commercial building at 3601 Magnolia Blvd. in Burbank, CA has traded for $5,450,000 or $389 per square foot, according to Scott Romick, managing director of Lee & Associates-LA North/Ventura, who represented the seller, and Lee Principal Cory Stehr, who represented the buyer in the transaction.

December 1st, 2017. West Hollywood’s Planning Commission on Thursday night unanimously approved a slightly scaled back retail-residential project on Beverly Boulevard that it had previously rejected. The scaled back version has 26 residential units four of which are set aside for lower-income tenants. It also moves the required common space for residents from the roof to the ground level and encloses the entrance to the subterranean parking garage to reduce noise.

February 25, 2016. Inglewood business owner Arash Danialifar received a special commendation from the Inglewood City Council on Tuesday. The owner of General Discount Store in Inglewood since 2010, Danialifar recently donated $10,000 worth of retail goods to 148 families, including toys, outdoor gear, automotive supplies and more. Danialifar is a sponsor of the Annual District 4 Christmas Toy & Food Drive and also contributes to the Inglewood Community Services Corporation, the City’s nonprofit.

September 27th, 2016. Executive Vice President Ian Strano with NAI Capital’s Westside office represented the seller San Francisco based Hamilton Partners and buyer Los Angeles investor Arash Danialifar on the sale of a retail storefront building in West Hollywood, Calif. The sale price was $7,500,000 or $852 per square foot. The property was previously occupied by Environment Furniture. It is West Hollywood adjacent, with its own parking lot, on the southwest corner of N. Kilkea Drive and Beverly Boulevard, one block west of Crescent Heights Boulevard.

December 15th, 2015. GD Realty Group has just closed escrow on 635 E Union St. in the Playhouse District of Pasadena. The property is in a hard to penetrate market with low availability. The buyer intends to develop the property into a mixed us apartment building with office space fronting both Union and El Molino. Currently the property is a 20,000 sq. ft. medical research building on a 30,000 sq. lot with 30 parking spaces.