Vital Statistics
Property Address: 2000 Avenue of the Stars and Century Plaza Towers, Los Angeles
Square Footage: 302,911
CBRE facilitated the 302,911 square foot lease renewal by leading entertainment and sports agency Creative Artists Agency (CAA) in Century City. CBRE’s Amanda Calof, Pat McRoskey and Patti Gilbert represented the landlord, Entertainment Center, L.L.C., in the transaction. The tenant extended their lease term for an additional four years at 2000 Avenue of the Stars and Century Plaza Towers.
A CBRE report indicated that employee well-being alongside collaboration is important to occupiers when redesigning their space, and with more workers returning from office, it is essential to consider. Tenants in Century Park have access to a private fitness club, banks, pharmacies, dry cleaning, 160 EV charging stations and grooming services.
This transaction demonstrates CBRE’s ongoing focus on and the importance of premier office space, centralized location and tenant amenities. The Century City team continues to cultivate a community of global brands, industry leaders and innovative trailblazers that continue to recognize and value the importance of this strategic location and its multitude of conveniences.
Vital Statistics (TIE)
Property Address: BeyondMeat, 888 N. Douglas St., El Segundo
Square Footage: 280,000
In January 2021, JLL’s team of Gary Horwitz, Blake Searles, Kamil Agha and Connor Hall represented Beyond Meat in a new 280,000 square foot lease in El Segundo, representing one of the largest leases in 2021. Over the past few years, Beyond Meat had seen explosive growth resulting in the need for a new, more efficient facility for its global headquarters. The JLL team was tasked with finding space near Beyond Meat’s original headquarters that would accommodate their growth plans, multiple uses involving varying facility requirements, all while fostering a unifying culture for its employees under one roof.
Vital Statistics (TIE)
Property Address: L’Oréal USA, 888 N. Douglas St., El Segundo
Square Footage: 107,878
L’Oréal USA, the beauty company, leased 107,878 square feet at 888 N. Douglas St. in El Segundo. CBRE represented the tenant and CBRE’s Jeff Pion co-represented the landlord. The new El Segundo location will be the company’s newest U.S. headquarters space in addition to its main headquarters in Manhattan at Hudson Yards, which it opened in June 2016. The second headquarters will house teams from L’Oréal USA’s California-based brands, including NYX Professional Makeup, Urban Decay and Pulp Riot, which are currently based in three different locations. L’Oréal USA will occupy the space as part of a 25-acre campus.
