DAUM and Los Angeles: A Partnership for Success Since 1904
In the early 1900’s, the City of Los Angeles was an emerging metropolis, teeming with entrepreneurial spirit. It was here where William H. Daum first came to the city as an agent for the Santa Fe Railway. Recognizing that the best way to build commerce was to attract new businesses, Daum founded Los Angeles’ first commercial real estate brokerage firm in 1904, a venture that was instrumental in bringing more than 6,500 companies into the fledgling Los Angeles market and helping the city grow into one of the most commercially and culturally relevant marketplaces in the world.
More than a century later, as Los Angeles’ strategic position in the global economy continues to place greater demands on its real estate, DAUM’s vision is more alive than ever. Remaining true to its core values, DAUM continues to serve as a visionary partner for its real estate clients, helping them to better position their businesses and take full advantage of developing local, regional and global opportunities. DAUM continues its legacy of providing best-of-class services in office, industrial, corporate, retail and investment properties.
One hallmark of the Los Angeles marketplace is its ability to grow on a regional scale. Beginning as a concentrated, downtown center, Los Angeles County now spans more than 4,061 square miles and 88 incorporated cities. With nine offices throughout southern California and one in Phoenix, Arizona, DAUM is ideally positioned to address the commercial real estate needs of the greater Los Angeles basin and beyond.
Los Angeles is also one of the world’s most international cities, encompassing a vibrant potpourri of cultures from all over the world. The international reach of the city coincides with DAUM’s global real estate capabilities, with its affiliations and worldwide partners. While DAUM remains a local leader, it has expanded its services to encompass key markets throughout the world.
Perhaps the most important catalyst to Los Angeles’ commercial success has been its ability to reinvent itself. The city’s first wave of industrial development occurred within a five-mile radius of downtown, and was limited to basic industries, such as chemicals, tires, oil and steel. Today, the LA industrial landscape spans virtually every industry and has moved to new markets, far from downtown. DAUM has responded by working to understand the individual needs of each client and providing customized solutions to maximize the utility and value of their real estate wherever it might be.
From its days as a small outpost in the far western corner of the United States to its current status as a thriving metropolis that sets the tone for global commerce, a constant remains in Los Angeles; DAUM. From the first freight company that William H. Daum convinced to move west to the many thousands of corporations represented by DAUM since, Los Angeles and DAUM have an unparalleled partnership based upon vision, growth, and ultimately success.