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Engel & Völkers Opens First Shop in South Bay Region of Los Angeles

Monday, August 10th, 2015 at 3:48pm Engel & Völkers


International premium real estate firm extends Southwest footprint with its first location in the South Bay region of Los Angeles

Engel & Völkers, a European-based premium real estate brand, announced today the opening of its first South Bay shop in Los Angeles, bringing the firm’s comprehensive global services to real estate buyers and sellers of the region. “With its booming tech and aerospace industry, world-renowned beaches and awardwinning schools, the South Bay area of Los Angeles presented itself as an ideal region to expand Engel & Völkers’ footprint in the Southern California marketplace,” said Anthony Hitt, CEO of Engel & Völkers North America. “Engel & Völkers LA - South Bay will best serve buyers and sellers in the region’s booming real estate marketplace with our global standard of service, representation and exclusivity.” Ben Larson and Nick Peters are owners of the new shop in South Redondo Beach. The duo have additional openings in Palos Verdes and Manhattan Beach slated to launch in the next few years. The new Engel & Völkers LA - South Bay shop, located in an area encompassing the southwest peninsula of Los Angeles County, further solidifies the firm’s presence in the Southern California marketplace. “As the South Bay real estate market continues to steam ahead, with record-breaking deals occurring at a rapid pace, we anticipate a greater demand for quality service from the area’s diverse real estate clientele,” said Ben Larson, co-owner of Engel & Völkers LA - South Bay. “Engel & Völkers’ unique connected network allows us to effectively meet the various real estate needs of the growing number of domestic and international buyers drawn to the region.” Engel & Völkers LA - South Bay, with the first shop located in the Hollywood Riviera neighborhood of Redondo Beach, will provide leading services for buyers and sellers of premier properties in El Segundo, Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes, Torrance, San Pedro and surrounding communities. The South Bay is emerging as a key residential destination for both local and foreign buyers as it is ideally situated directly south of the “Silicon Beach” area of Los Angeles, the West Coast’s emerging tech hub in cities including Marina del Rey, Venice and Playa Vista area, which has companies like Google steadily flocking to the region. In addition, buyers are also drawn to the area as one of the nation’s key centers for the aerospace industry, with organizations such as Space X and Raytheon headquartered in the region. “The South Bay has always drawn in a diverse group of buyers across its real estate landscape,” said Nick Peters, co-owner of Engel & Völkers LA - South Bay. “As the area continues to attract and keep leading firms in the tech and aerospace industry, Engel & Völkers provides the state-of-the-art tools and global network that will best service the subsequent buyers and sellers’ comprehensive real estate needs.” With the opening of shops in Austin, Houston, Beverly Hills, St. George, Long Beach and Concord and, in Canada, Victoria, Calgary, Montreal, Vancouver Island, Toronto and York, Engel & Völkers continues to strengthen its presence in the premium real estate market across North America. Additionally, Engel & Völkers continues to expand throughout the United States with planned openings in several new markets.

About Engel & Völkers

Since its beginning in 1977 as a specialty boutique providing exclusive, high-end real estate services in Hamburg, Germany, Engel & Völkers has become one of the world’s leading companies specializing in the sale and lease of premium residential and commercial property, yachts and private aviation. Engel & Völkers currently operates a global network of over 6,000 real estate advisors in more than 560 residential brokerages and 65 commercial offices spanning 39 countries across six continents, offering both private and institutional clients a professionally tailored range of luxury services. It established its North America corporate headquarters in 2007 and opened its first brokerage in the same year. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and tools; multiple platforms for mobile, social and web; as well as access to its global network of real estate professionals, property listings and market data. Engel & Völkers is an active supporter of the Fair Housing Act and the Equal Opportunity Act. Each brokerage is independently owned and operated.

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For further information please contact:

Charles Kim Engel & Völkers North America 212-234-3100 ext. 9809

Kathryn Pleiss Quinn 212-868-1900 ext. 391

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