Company Research Report: illi Commercial Real Estate

Company Overview

• Name: illi Commercial Real Estate

• Mission: To foster a culture of collaboration and innovation, serving clients and communities through experience and dedication, and provide value and benefits aligning with clients' best interests.

• Founded: 2007

• Key People:

• Todd Nathanson, President

• Richard Stein, Chief Operating Officer

• Mike Matzner, Chief Financial Officer

• Keith Corneliuson, Executive VP - Asset Management

• Sandra J. Sigman, VP - Property Management Division

• Headquarters: 5990 Sepulveda Blvd, Suite 600, Sherman Oaks, CA 91411

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known for: illi Commercial is recognized for its services in landlord and tenant representation, investment sales, property management, and consulting services. The firm emphasizes a collaborative and innovative approach, aiming to attract and retain the most talented professionals in the industry to provide unparalleled service and build lasting relationships.

Products and Services

• Landlord and Tenant Representation: Providing expert advice and representation to both landlords and tenants in commercial lease negotiations.

• Investment Sales and Acquisitions: Assisting clients in buying, selling, and acquiring commercial real estate investments.

• Property Management: Comprehensive property management services designed to enhance operational efficiency and profitability while reducing management headaches.

• Consulting Services: Offering strategic advice and insight on real estate-related matters to maximize client objectives.

• NNN Accounting Services: Specialized accounting services focusing on triple net lease agreements.

• Asset Management: Strategic management of real estate assets to optimize value and performance for clients.

Recent Developments

• New Leases and Sales:

• Successfully sold ±12,060 SF Retail/Office building at 2860 E Thousand Oaks Blvd.

• Closed the deal for a 13,000 SF Single-tenant property in Wyoming.

• Secured a 15th location for PokiToMik in Woodland Hills, CA.

• Leased ±14,822 SF in Valencia, CA.

• Leased ±3,300 SF in Santa Ana, CA to Primal Windows and Doors.

• Sold a ±14,735 SF property in Shelbyville, KY.

• Leased ±3,850 SF in Tarzana, CA to Dog-E-Den.

• “It’s Boba Time” leased in San Pedro, CA - Carol Marmor’s 25th deal with the chain.

• Leased Georgie's Mediterranean Cuisine's new location in Oceanside, CA.

• New deal for PokiToMik in La Verne, CA.

• Partnerships and Collaborations:

• No specific new partnerships are mentioned, but the firm's collaboration culture and engagement with industry events such as those by the International Council of Shopping Centers (ICSC) ensure they remain well-connected within the sector.

Conclusion

illi Commercial Real Estate achieves success through their diverse range of services within the commercial real estate sector, leveraging their collaborative culture and extensive industry experience. Their recent successful deals highlight their capability to handle significant leasing and sales transactions, proving their resilience and effectiveness in a competitive market. Despite challenges in the broader market, illi Commercial continues to secure high-profile leases and sales, reflecting their robust operational strategies and strong client relationships.