Brokerage

Expect a Higher Level of Service

At Kennedy Wilson Brokerage, a commitment to collaboration ensures our clients receive a level of service that goes beyond traditional commercial brokerage. We think like investors, tenants, operators and developers, leveraging the experience and insight of our entire team to exceed clients’ expectations. 


OUR CAPABILITIES INCLUDE:

Case Studies

2905 Exposition Place - KTGY Rendering
2905 Exposition Place | Los Angeles, CA View

2905 Exposition Place

2905 Exposition Place sits in the heart of a development mini-boom that plans indicate could result in the construction of over 2,000 new residential units within less than a mile. The property is also part of a dense trade area which serves approximately 439,000 people within three-mile radius. With an increasingly large market demand for housing, proximity to transit and retail, and a strong indication for investment upside, the sale of 2905 Exposition Place presented a prime example of an urban redevelopment opportunity.

Photo of 5601 Santa Monica Blvd.
5601 Santa Monica Blvd. | Los Angeles, CA View

5601 Santa Monica Blvd.

The Kennedy Wilson team was engaged in 2012 to dispose of a 5-acre, infill, mixed-use redevelopment property in East Hollywood that had stalled during the 2008 recession. The sale involved managing a complicated partnership, entitlement issues, retail merchandising, and market forecasting to drive pricing. Kennedy Wilson was able to effectively communicate the vision and potential for the site, and in 2015 closed the deal with CIM  Group, an accomplished urban developer. After the closing, CIM hired Kennedy Wilson’s retail team to lease the 370,000 SF of commercial space on-site.

Photo of Sunset + Vine
Sunset + Vine | Hollywood, CA View

Sunset + Vine

In less than 120 days, the company generated multiple offers from national credit tenants including sporting goods, markets, drugstores and home accessories retailers. Walgreens took the space, opening the first “flagship” concept in Los Angeles, which includes high-end skincare/cosmetics, fresh sushi, a coffee/juice/smoothie bar, prepared foods and grocery. The rental rate achieved by Kennedy Wilson set a new standard for large box space in mixed-use projects in the area.

Photo of Seabridge Marina Center
Seabridge Marina | Oxnard, CA View

Seabridge Marina

In September 2014, Kennedy Wilson presented a value analysis of Seabridge Marina Center, a 64,000 square-foot, waterfront retail property located in Oxnard, California. Anticipating an REO transaction, the lender engaged Kennedy Wilson to dispose of the asset. Kennedy Wilson prepared all marketing and due diligence materials in advance of the foreclosure and executed a successful go-to-market strategy.

News

In the twenty years that broker Lee Shapiro has lived near Culver City, he hasn’t seen a moment for the Westside L.A.
Christine Deschaine, Senior Vice President of Brokerage for Kennedy Wilson, has more than 25 years of experience in commercial real estate as a tenant and landlord advisor and has worked extensively in urban redevelopment with some of Greater Los Angeles’ most prominent retail developers.
Weiss is known for his expertise in the downtown market. He joined Kennedy Wilson in 2014 to lead its downtown platform with partner Lee Shapiro. Together they have brokered deals on 588,000 square feet of property in the area.
Today's shopping centers are often used as a community gathering place, but tenants and property owners walk a fine line in their efforts to maintain profits while ensuring they cater to the residents of the local community.
Location and the physical space are only part of the battle when it comes to companies like Amazon selecting the next address for a major headquarters project.
Lee Shapiro and Justin Weiss have been partners in Kennedy Wilson’s brokerage division since 2013, specializing in the leasing and sale of retail property in Downtown Los Angeles (DTLA).