LOS ANGELES, JULY 1, 2021 – The Shammas Group saw an uptick in office leasing in the historic Petroleum Building in the first half of 2021. Six new small business tenants signed leases for a total of over 5,000 square feet.
“Like all office buildings, the pandemic hit hard. We are happy to see the demand for office space increasing,” said Ramona Robinson, Property Manager of the Petroleum Building. “Companies of all types are moving in. They want to be in the vibrant South Park community with its’ demographic advantages. They appreciate the building’s historic charm, large operable windows and the ability to tailor the distinct style of the office space to meet their requirements.”
By The Shammas Group | Official Press Release
LOS ANGELES, JULY 1, 2021 – The Shammas Group saw an uptick in office leasing in the historic Petroleum Building in the first half of 2021. Six new small business tenants signed leases for a total of over 5,000 square feet.
The new tenants include:
- Drs. L. Scott Frazier and Alice Winther’s who specialize in psychological evaluation and treatment of people who have been traumatized.
- Be Your Lash, a studio for eyelash extensions, lash lift and tint services.
- Get2Werk Pilates & Fitness Studio owned by Mychele Sims, a certified trainer, master instructor, workshop presenter and educator in Pilates, yoga, conditioning and TRX.
- Art Lewin Bespoke, custom clothier with in-house bespoke tailors.
- Kompass Law Firm, APC, an immigration law firm.
- Imran Syed, Esq., a criminal defense trial attorney.
- Speer Consulting & Design Studio, providing specialized design and consulting services to the meetings and events industry.
“Like all office buildings, the pandemic hit hard. We are happy to see the demand for office space increasing,” said Ramona Robinson, Property Manager of the Petroleum Building. “Companies of all types are moving in. They want to be in the vibrant South Park community with its’ demographic advantages. They appreciate the building’s historic charm, large operable windows and the ability to tailor the distinct style of the office space to meet their requirements.”
For over 20 years Dr. Frazier and Dr. Winther’s have had their principal office in DTLA. “We have chosen the grace, beautiful architecture and sense of tradition in LA’s historic buildings, but never have we experienced a more perfect environment for our psychology practice than the Petroleum Building,” said Dr. Winther. “The Petroleum Building with its grandeur and quiet elegance is without parallel. We and our clients love it; so much that we imagine we will spend many more years here.”
Art Lewin Bespoke has also been a long-time tenant in DTLA. They wanted to be in a building that exhibited Old-World craftsmanship like his custom suit business. “It’s an iconic DTLA building with a gorgeous bespoke lobby. Our clients and us just love the character of the building”, said Art Lewin.
The building, an official Los Angeles Historic Cultural Monument, offers office space ranging in size from 200 square feet for a single executive office to 20,000 square feet for an entire floor. In addition, there is onsite parking, an electric charging station, conference room use, and a comfortable tenant lounge.
Located in the South Park district of downtown Los Angeles, just a block from the STAPLES Center and L.A. Live, the Petroleum Building offers tenants access to excellent public transportation, freeway accessibility and a growing affluent residential population amid sports, entertainment and dining.
The Shammas Group is one of Los Angeles’ leading real estate investment companies with a strong focus on South Park and the Figueroa Corridor. The company’s portfolio consists of over 330,000 square feet, ownership of Felix Chevrolet, the oldest Los Angeles automobile dealership and home of the iconic Felix the Cat, and several retail establishments on Figueroa Street.
For further information on The Shammas Group, visit www.shammasgroup.com or www.thepetroleumbuilding.com.
Contact: Ramona Robinson, The Shammas Group, 213-746-6300, rrobinson@shammasgroup.com.