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Real Estate/Development

Apr. 29, 2003

West L.A.'s Last Large Open Parcel to House $400M Medical Park

BY MICHAEL GOTTLIEB CREJ Assignment Editor It didn't take long for Michael R. Lombardi, president of Stonebridge Holdings Inc. , to realize that the many calls of congratulations he received following his March 31 purchase of 12 acres of West Los Angeles land amounted to little more than sour grapes.

BY MICHAEL GOTTLIEB
CREJ Assignment Editor

It didn't take long for Michael R. Lombardi, president of Stonebridge Holdings Inc., to realize that the many calls of congratulations he received following his March 31 purchase of 12 acres of West Los Angeles land amounted to little more than sour grapes.

One after another his callers - brokers, developers and national retailers - eventually got to the real point of their calls. How did the Centu...

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