news

United American Indian Involvement signed a seven-year lease to move to 1441-1449 West Temple Street, about two blocks from Echo Park.

Cerrell Associates sold the three-story building to 324 N. Larchmont LLC for $10 million, just under $810 per square foot.

Colliers International’s Pellow Office Team, led by 22-year Colliers veteran Nathan Pellow, had a banner year in 2018.

The Los Angeles Clippers signed a more than 13,000-square-foot expansion lease at Onni Group’s 1212 S. Flower St. in DTLA. 

High demand for smaller owner/user space is driving prices upward, positioning Culver City alongside Hollywood in the creative office sector.

A 4,300-square-foot office building at 6507-6509 De Longpre Ave. in Hollywood has sold for $4.1 million, or about $949 per square foot, in what is believed to be a per-square-footage price record in that office submarket.

Arup will leave its offices near Marina del Rey for three floors in Wilshire Grand, a 73-story tower completed last year that houses an InterContinental hotel and offices for rent. The engineering firm agreed to occupy 66,000 square feet in a 15-year lease valued at $57 million. 

Urban Commons signed a 63-month lease for a nearly 12,000-square-foot office space at 10250 Constellation Blvd. in Century City

The Anti-Recidivism Coalition (ARC), a support network for formerly incarcerated young men and women, and advocate for fairer criminal justice policies, has expanded into 12,633 square feet of creative office space at ROW DTLA.