AIR Commercial Real Estate Assn., one of the country’s largest commercial real estate broker organizations, is moving its headquarters to Glendale, leasing a 6,400 square feet of office space in the high-rise building at 500 N. Brand Blvd.
AIR, a nonprofit formed in 1960, was previously in downtown Los Angeles, but moved to Glendale for cost-saving reasons as well as the fact that many of its 22 employees live in and around the Glendale-Pasadena area.
“Our intention was to stay in downtown L.A,” said executive director Tim Hayes in a statement. “But once we began the search process, it became clear that Glendale was the best option for AIR.”