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FOR IMMEDIATE RELEASE
May 31, 2007
Premier Business Centers Opens Second Executive Suite Location in Downtown Los Angeles, CA
Total Lease Value $2.1 Million
Irvine, California based Premier Office Centers,
LLC dba Premier Business Centers (www.pbcenters.com)
has signed a lease at the Wells Fargo Center in
Bunker Hill for a second Downtown Los Angeles Executive
Suite location. The lease is for 21,198 rentable
square feet and has a total value of $2.1 million.
Premier Business Centers' newest executive suite
operation is located at 333 South Grand Avenue,
25th floor in the Wells Fargo Center, which sits
at the highest point of Bunker Hill in Downtown
Los Angeles. The center is currently open for business
and consists of 79 offices. The building sits on
the corner of Grand Avenue and 3rd Street. The 54-story
Wells Fargo Center and its sister building that
stands next to it, the 45-story KPMG Tower represent
a prime location at the heart of the city. "We
were very excited to have the opportunity to establish
a Premier Business Centers' executive office suite,
in what is one of the most prestigious Class A high
rise buildings in Downtown Los Angeles.", expressed
Jeff Reinstein, Chief Executive Officer of Premier
Business Centers. The Wells Fargo Center's amenities
include Nick & Stef's Steakhouse, California
Pizza Kitchen, California Crisp, Le Petite Boulangerie,
Taipan, Pentolino and McDonald's. Specialty shops
include Mrs. Field's Cookies, Rocky Mountain Chocolate
and Starbucks. This location offers easy access
to the Pasadena/Harbor (110) and Hollywood (101)
freeways. The 25th floor of the Wells Fargo Center
offers incredible panoramic views of the surrounding
cityscapes and mountain ranges. Will Adams and Paul
Stockwell of Studley, Inc. represented Premier Business
Centers and Joseph T. Faulkner and Christopher G.
Cunningham of Charles Dunn Company, Inc. represented
the Sublandlord.
Premier Business Centers (www.pbcenters.com),
is a wholly owned subsidiary of The Bascom Group,
LLC (www.bascomgroup.com)
and currently operates the largest privately owned
executive suite operation in the United States with
forty nine locations in California, Washington,
and Texas. Premier Business Centers plans to continue
to acquire and develop additional executive suite
centers throughout the United States as opportunities
arise. Premier Business Centers is a full service
executive suite operator and provides businesses
with professionally staffed office space along with
a variety of services including: administrative/secretarial
service, T1 high speed internet access, telephone
service, furniture, information technology services/consulting
and conference rooms on a full or part time basis.
For additional information regarding these transactions,
please contact:
Jeffrey Reinstein
Chief Executive Officer
Premier Business Centers
2102 Business Center Drive
Irvine, CA
949.253.4147 Voice
949.253.4148 Fax
jeff@pbcenters.com
www.pbcenters.com
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For More Information Call
1-877-MY-SUITE
(877-697-8483)
Copyright © 2003 - Premier Business Centers. All rights reserved.
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