Beyond the Property.
In cannabis real estate, finding a property is one thing. Finding a viable opportunity is another.
Zoning restrictions, licensing requirements, building specifications, and local permitting processes can determine whether a property supports a successful operation or becomes a costly mistake.
Avenue I combines more than two decades of commercial real estate experience with extensive land-use knowledge and firsthand cannabis industry experience.
Our expertise builds on the specialized brokerage services previously provided through Cannabis Properties Los Angeles (CPLA), including advisory, sales, and leasing transactions involving cultivators, manufacturers, distributors, and dispensary operators throughout Greater Los Angeles.
More importantly, our experience extends beyond brokerage. Having owned and operated medical cannabis dispensaries in the City of Los Angeles, we understand the operational challenges, regulatory complexities, and financial realities facing cannabis businesses.
We understand the property. We understand the regulations. Because we’ve operated the business.
Finding the Right Fit.
From cultivation facilities to consumer-facing retail locations, cannabis businesses require properties that align with their operational needs and applicable regulatory requirements.
Avenue I provides specialized commercial real estate brokerage and advisory services across six cannabis property categories.
CULTIVATION PROPERTIES
Facilities for indoor, greenhouse, and other permitted cultivation operations, with consideration for infrastructure, utilities, security, and local land-use requirements.
DISTRIBUTION PROPERTIES
Industrial and warehouse properties suited to licensed cannabis distribution, transportation, storage, and logistics operations.
MANUFACTURING PROPERTIES
Industrial facilities evaluated for cannabis processing, extraction, infusion, packaging, and related manufacturing activities.
MICROBUSINESS PROPERTIES
Properties capable of accommodating multiple licensed cannabis activities within an integrated operation, subject to applicable regulations.
RETAIL PROPERTIES
Commercial locations for storefront dispensaries and non-storefront delivery operations, with attention to zoning, location restrictions, accessibility, and customer access.
TESTING LABORATORY PROPERTIES
Commercial and industrial facilities suited to cannabis testing operations, including specialized laboratory infrastructure and regulatory requirements.
Evaluate Before You Commit.
Not every commercial property is suitable for cannabis operations. Zoning restrictions, licensing requirements, location limitations, and building specifications can turn a promising property into a costly mistake.
Avenue I helps operators, property owners, and investors evaluate these considerations before committing capital, identifying potential opportunities, limitations, and regulatory challenges early in the process.
SITE SELECTION & ZONING
Evaluate zoning classifications, permitted uses, location restrictions, and property eligibility to identify potentially suitable locations for cannabis operations.
PROPERTY FEASIBILITY
Assess building characteristics, infrastructure, utilities, and operational requirements to determine property suitability and identify potential development constraints.
ENTITLEMENTS & PERMITTING
Navigate local approval requirements, licensing considerations, and permitting processes to identify regulatory obstacles and establish a path toward project approval.
From Property to Opening.
Finding the right property is only the beginning. Securing the approvals necessary to operate requires navigating complex land use regulations, licensing requirements, and permitting processes.
Avenue I combines commercial real estate brokerage with hands-on entitlement and licensing services, providing cannabis operators with an integrated approach from property acquisition through regulatory approval.
REAL ESTATE BROKERAGE
Represent buyers, sellers, landlords, and tenants in cannabis property acquisitions, sales, and leasing transactions, negotiating terms that align with operational requirements and regulatory considerations.
LAND USE & ENTITLEMENTS
Prepare and manage zoning applications, conditional use permits, land use entitlements, and public approval proceedings required for cannabis operations.
LICENSING & PERMITTING
Prepare and manage cannabis business license applications, coordinate with local and state regulatory agencies, and oversee permitting processes through the applicable stages of approval.