San Francisco, CA (July 7, 2017) – Newcastle Partners, a West Coast-based full-service commercial real estate investment and development company, in connection with Westport Capital Partners, a real estate investment firm specializing in distressed, opportunistic and core plus real estate investing, has announced the formation of a Joint Venture[1] for the acquisition of a two-story creative office building located at 5830 Rodeo Road in Los Angeles. The Joint Venture acquired the 40,000-square-foot office building from a commercial property user who has owned the building for approximately 30 years and is planning a full -scale renovation of the property.  First Property Corporation, Mike Geller and Josh Bernstein, will handle the leasing assignment with Shubin Donaldson and Del Amo Construction executing the property repositioning.

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