The following is a press announcement from the City of Lancaster regarding Rising Realty Partners’ recent purchase of the former Bank of America call center campus:
Lancaster Mayor R. Rex Parris and Nelson Rising, Chairman and CEO of Rising Realty Partners – courtesy City of Lancaster
“In today’s difficult economic climate, it would be impossible for any city to continue growth without two conditions: a very proactive and innovative City Council and staff, and like-minded private sector partners who are willing to work with the City to create win-win situations for everyone involved,” said Lancaster Mayor R. Rex Parris. “We have been blessed during the recent challenging times to be able to work with some of the most successful names in California business such as Christopher and Nelson Rising of Rising Realty Partners, as well as CBRE’s Richard Ramirez. These individuals possess the knowledge and skills necessary to help our city create a new opportunity for our region’s economy and job market.”
The 18-acre, 200,000 square foot high-tech call center campus located in the Lancaster Business Park on Holston Drive, just west of Division Street, has been purchased by Rising Realty Partners, whose owners have hired San Fernando Valley-based CBRE’s Richard Ramirez to market the recently acquired commercial property to prospects. Given CBRE’s extensive experience and expertise both the San Fernando Valley and Santa Clarita Valley, the property is expected to draw significant interest from those regions.
Rising Realty Partners is a full-service real estate platform specializing in creating world-class commercial and industrial properties. From developing the U.S Bank Tower and Playa Vista in Los Angeles to Mission Bay in San Francisco, the principals of Rising Realty Partners have a proven track record of success throughout California.
The new owners are entertaining both lease and sale options for the commercial property, anticipating a strong response from job-creating tenants seeking a well-outfitted building in which to conduct their operations. The plug-and-play appeal is significant for any companies which wish to engage in enterprises similar to the original purpose of the building, while working within a compressed timeline.
“It is often necessary, when the unexpected happens, for us to create a plan of action and use every available resource to refocus and strategize for the best possible outcome,” said City of Lancaster Vice Mayor Marvin Crist. “Thanks to Rising Realty Partners and CBRE, the City of Lancaster can ensure that these doors will soon reopen for business, creating jobs for our citizens while laying a renewed foundation for a brighter economic future.”
Firms interested in this turnkey call center campus are encouraged to contact Richard Ramirez at (818) 907-4639 or [email protected] for complete information.
ABOUT RISING REALTY PARTNERS:
Rising Realty Partners (RRP) is a full-service real estate platform specializing in creating world-class commercial and industrial properties. Core competencies include land and property acquisition, development and entitlement, repositioning, leasing (when appropriate), property management, asset management, and construction management. RRP executives have been creating value for investors in California commercial real estate markets for over four decades by striking the perfect balance between dynamic vision and trusted best practices. RRP is both opportunistic and prudent in its investment and asset acquisitions, utilizing proven wealth creation strategies and successful asset value enhancements for its investments.
