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Los Angeles, California

Alta West Partners, LLC ("Alta West") is a real estate investment and operating platform focused on high-barrier markets, with investments spanning office, industrial, studio, and R&D/flex assets. The firm leverages its direct experience and local expertise to maximize risk-adjusted returns.

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About the Firm

A Proven Track Record of Successful Execution

The Alta West co-founding partners have worked together since 2014 and have established a proven track record of successfully acquiring, renovating, and stabilizing value-add and core-plus assets across the U.S.

Over their careers, the principals have executed more than $3 billion in transaction volume and 4 million square feet of leasing.

$3+ Billion
Transaction Volume
4+ Million
Square Feet of Leasing
11+ Years
of Successful Partnership
35+ Years
Combined Experience

All figures calculated prior to the formation of Alta West Partners, LLC

Investment Strategy

Investment Criteria

Alta West is actively pursuing additional investment opportunities in supply constrained, well-amenitized, and high barrier to entry submarkets.

Investment Size
$5 million to $50 million and up
Asset Class
Select Office, Industrial, R&D, Flex, and Studio / Production
Profile
Value-Add / Core-Plus / Distressed
Target Markets
Western United States

Get in Touch

Contact

Address
1800 Century Park East, Suite 200
Los Angeles, CA 90067
Investor Login
Alta West Partners office location
1800 Century Park East, Suite 200
Los Angeles, CA 90067

Leadership

Our Team

Steve Elson

Steve Elson

Co-Founding Partner

Prior to co-founding Alta West Partners, LLC, Steve Elson was a Partner at Montana Avenue Capital Partners, LLC, where he joined six months after inception. During his 10-year tenure at the firm, Steve was jointly responsible, with Brad Pennington, for the acquisition, leasing, asset management, and disposition of projects across the U.S. He also served on the investment committee of Arsenale Real Estate SGR, a European AIFMD compliant closed-end real estate fund regulated by the Bank of Italy (Banca D’Italia). Steve’s geographic focus was on Los Angeles, Santa Barbara, Silicon Valley, and Seattle.

Before joining Montana, Steve was the Director of Asset Management at The Luzzatto Company, Inc. / Welk Real Estate, where he identified and underwrote potential value-add and opportunistic investments for the firm and advanced development deals, including the entitlement of a 400-unit, transit-oriented mixed-use project in Santa Monica, CA. He also oversaw an approximately one million square foot creative office, film and television studio, retail, residential, and industrial portfolio which included tenants in the entertainment, technology, music, advertising, gaming, fashion, and consumer products industries.

Steve earned his B.A. degree in Government, with a Leadership Sequence, from Claremont McKenna College and also holds a California Real Estate Broker’s License. He resides in Pacific Palisades, CA with his wife and two children.

Brad Pennington

Brad Pennington

Co-Founding Partner

Prior to co-founding Alta West Partners, LLC, Brad Pennington was a Partner and Chief Compliance Officer at Montana Avenue Capital Partners, LLC. During his 8-year tenure at the firm, he was jointly responsible, with Steve Elson, for the acquisition, leasing, asset management, and disposition of projects across the U.S. He also served on the investment committee of Arsenale Real Estate SGR, a European AIFMD compliant closed-end real estate fund regulated by the Bank of Italy (Banca D’Italia). Brad’s geographic focus was on San Diego, Los Angeles, Boston, and Washington D.C.

Before joining Montana, Brad was a member of the acquisition team at MetLife Real Estate Investors, the real estate arm of the largest US life insurer with more than $100 billion AUM. While there, Brad covered all asset types across California, Hawaii, Arizona, New Mexico, and Nevada but was primarily responsible for sourcing and closing industrial and office acquisitions in Southern California. Prior to MetLife, Brad spent time in both acquisitions and capital markets roles.

Brad received a B.A. degree from San Diego State University and an M.B.A. from the UCLA Anderson School of Management where he was named a Peter Bren Distinguished Fellow. He also holds the Chartered Alternative Investment Analyst designation. Brad resides in Los Angeles, CA with his wife and two children.

Lauren Feder

Lauren Feder

Vice President

Lauren has over nine years of experience in acquisitions, asset management, and operations within the multifamily and hospitality sectors. Throughout her career, she has been responsible for overseeing property operations, financial performance, capital planning, and investor reporting for large, geographically diverse real estate portfolios.

Most recently, Lauren served in senior asset and operations management roles overseeing a national multifamily portfolio totaling more than 6,000 units and approximately $1.5 billion in assets across seven states. Her primary responsibilities included executing business plans, driving value creation initiatives, and partnering closely with property management, construction, and acquisitions teams to align asset-level strategies with broader investment objectives. She regularly analyzed financial performance, identified revenue and expense optimization opportunities, and prepared comprehensive reporting packages for institutional investors and equity partners.

On the acquisitions side, Lauren underwrote multifamily investment opportunities, supported transaction execution, and managed due diligence processes. She also prepared investor memoranda and lender packages to support acquisition and financing activities.

Lauren began her career in hospitality, providing operational and financial analysis for a national hotel portfolio and supporting budgeting, forecasting, and capital expenditure initiatives.

Lauren holds a Master of Management in Hospitality from Cornell University’s School of Hotel Administration, a Master of Business Administration from China Europe International Business School, and a Bachelor of Arts in Economics from Emory University.

News & Media

Press

LA Times
January 9, 2026

Inside John Mayer’s Takeover of a Hollywood Music Mecca

Grammy-winning musician John Mayer and filmmaker McG finalized their purchase of the legendary Jim Henson Company Lot, renaming it Chaplin Studios. The historic property at 1416 N. La Brea Avenue will continue operating as a fully functioning production and recording facility across music, film, television, and digital media.

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LA Times
September 12, 2025

Alta West Partners and OlivePoint Capital Secure Financing for Burbank Industrial Acquisition

JLL Capital Markets arranged acquisition financing on behalf of Alta West Partners and OlivePoint Capital for a 104,795 SF industrial manufacturing campus at 100-104 E. Graham Place in Burbank, one of the last remaining M-2 zoned industrial pockets in the market.

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Connect CRE
September 12, 2025

JLL Arranges Bridge Loan for Burbank Industrial Campus Acquisition

JLL Capital Markets arranged acquisition bridge financing for the purchase of an industrial manufacturing campus at 100-104 E. Graham Place in Burbank. The fully gated property spans 104,795 SF across five buildings and is anchored by Haskel International, a subsidiary of Ingersoll Rand.

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REBusinessOnline
September 11, 2025

Alta West Partners, OlivePoint Capital Acquire 104,795 SF Industrial Campus in Burbank

The fully gated property spans 104,795 SF across five buildings on 4.80 acres, featuring up to 28-foot clear heights in warehouse and manufacturing spaces, three grade-level doors and four dock-high loading doors. Haskel International has maintained operations at this location for more than 70 years.

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JLL Newsroom
September 9, 2025

Partnership Acquires 104,795 SF Manufacturing Facility in Supply-Constrained Burbank Submarket

Alta West Partners and OlivePoint Capital acquired a multi-building industrial campus in Burbank with acquisition financing arranged by JLL. The property is anchored by Haskel International LLC, a global leader in high-pressure fluid and gas handling solutions and wholly-owned subsidiary of Ingersoll Rand.

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LA Times
March 21, 2025

Alta West Partners Acquires 83,000 SF South Bay Flex R&D Asset for $21.4 Million

In a joint-venture acquisition, Alta West Partners, Glendon Capital Management and A2 Capital Management closed on the $21.4 million purchase of 3401 Del Amo Boulevard in Torrance. The property, originally purpose-built for Kubota Tractor Corporation, marks Alta West’s third acquisition in six months.

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Connect CRE
February 28, 2025

Alta West Closes $21.4M Purchase of Flex R&D Property in LA’s South Bay

Alta West Partners, Glendon Capital Management and an affiliate of A2 Capital Management closed on the all-cash purchase of 3401 Del Amo in Torrance, an 83,000 SF flex R&D asset. Cushman & Wakefield represented both buyer and seller and was retained for leasing.

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LA Business Journal
February 28, 2025

Torrance Flex R&D Asset Trades for $21.4 Million, Bringing Alta West Portfolio to 450,000 SF

Alta West Partners, Glendon Capital Management and A2 Capital Management acquired an 83,000 SF flex R&D asset at 3401 Del Amo in Torrance for $21.4 million. The purchase brings the firm’s total portfolio size to approximately 450,000 SF.

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Northmarq
January 27, 2025

Northmarq Secures $29.5 Million Acquisition Loan for Historic Chaplin Studios in Hollywood

Northmarq arranged a $29.5 million acquisition loan for the iconic Charlie Chaplin Studios property at 1416 N. La Brea Avenue in Hollywood on behalf of the new ownership group led by John Mayer and McG.

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Traded
December 19, 2024

John Mayer, McG, Steve Elson and Brad Pennington Finalize $44M Acquisition of Jim Henson Lot

The partnership finalized the $44 million acquisition of the iconic mixed-use property at 1416 North La Brea Avenue in Hollywood, formerly known as the Jim Henson Company Lot and originally built as Charlie Chaplin Studios in 1917.

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Deadline
November 12, 2024

John Mayer and McG Under Contract to Purchase Legendary Jim Henson Studio Lot in Hollywood

Grammy-winning singer John Mayer and filmmaker McG entered into contract to acquire the famed Jim Henson Studio lot and Charlie Chaplin Studios at 1416 N. La Brea Avenue in Los Angeles. Mayer already holds offices at the lot and uses the studio for recording.

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Traded
November 2024

209,404 SF Office Property at 450 American Street in Simi Valley Trades Hands

A major office asset at 450 American Street in Simi Valley, spanning 209,404 SF, changed ownership in a significant transaction. The two-story property was originally constructed in 1990 as an industrial facility and later converted into Class A office space.

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Traded
September 30, 2024

Lakeview Innovation Center in Thousand Oaks Sells for $29.35 Million

The 276,500 SF Class A R&D and flex campus in Thousand Oaks traded for $29.35 million. The LEED Gold-certified property features an on-site Equinox fitness club, Earthbar, pickleball court, walking trails, and multiple outdoor collaborative spaces.

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IREI
September 20, 2024

Alta West, Glendon Capital and A2 Capital Acquire 276,500 SF Class A R&D Campus in Thousand Oaks

The partnership acquired Lakeview Innovation Center, a premier flex R&D campus anchored by tenants including Marvell Technologies and Rawlings. The property features lab-grade HVAC, excess power capacity, and expansion opportunities with M2 zoning.

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JLL Newsroom
September 17, 2024

JLL Brokers Sale of Premier Conejo Valley Flex Campus to Alta West Partners

JLL represented the seller and procured the buyer for Lakeview Innovation Center, a 276,500 SF flex R&D campus in Thousand Oaks. The new ownership group, led by Steve Elson and Brad Pennington of Alta West, plans strategic upgrades to position the property as the top choice for innovative companies.

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