The Regents of University of California – Los Angeles have signed a lease to assume approximately 27,215 square feet of medical office space for UCLA Health, according to Yair Haimoff, founder of the recently formed brokerage Spectrum Commercial Real Estate Inc. in Santa Clarita Valley.
Haimoff signed UCLA Health to a new decade-long commitment. Planning and construction of tenant improvements at the space are currently underway.
Centrally situated in Encino and also serving Tarzana and Sherman Oaks, UCLA Health’s Encino Arches will be comprised of primary and specialty medical offices.
In 2016, Haimoff assisted UCLA by securing approximately 17,000 square feet at Encino Arches at 15503 Ventura Blvd. When the need for an additional 20,000 to 30,000 square feet of medical space arose, Haimoff helped the health system secure more space at the same location.
Haimoff previously worked as a broker with NAI Capital and managed its Valencia office. He negotiated the UCLA lease at the end of 2017 as he transitioned from NAI to starting his own firm.
“It was inked after I left NAI and was with Spectrum,” Haimoff told the Business Journal.
Based in Valencia, Haimoff’s Spectrum Commercial Real Estate is a full-service commercial real estate firm with additional offices in Encino and Century City. Haimoff started Spectrum in January.