Condé Nast has signed a lease at Row DTLA, the 32-acre, 1.4 million-square-foot mixed-use retail and office district in the downtown Los Angeles Arts District. The new space represents a relocation of the firm’s Wilshire Corridor office.
Condé Nast is the latest office tenant to join Row DTLA, which has secured more than 300,000 square feet of office leases since January 2022. Row DTLA can accommodate a variety of office requirements ranging from 3,000 square feet to 400,000 square feet.
Jones Lang LaSalle’s Jaclyn Ward, Cassie Trosclair and Sarah Hancock are overseeing office leasing at Row DTLA. Brian Niehaus and Lalo Diaz of JLL represented Condé Nast in the lease.
Row DTLA offers office tenants a secure, highly amenitized vibrant district with the option to lease one of several pre-built spec spaces or build their vision from scratch. Transportation at Row DLTA includes the option of a free shuttle from Union Station or space in the property’s 10-story structure with more than 4,000 parking spaces. Amenities include a tenant-only Athletic Club; dining options including Pizzeria Bianco, Hayato, Go Get Em Tiger, Kato and Rappahannock, and a variety of health and wellness, consumer brands, design and gift shops; and a Rooftop Cinema Club offering a sunset movie with a view of the skyline.
“Companies today are primarily looking for office environments with dining options, amenities and well-activated spaces that enhance its overall culture as they look to bring employees back to the office,” Ward said in a statement. “The vibrancy of the district’s amenities and co-tenancies, the multitude of outdoor and event spaces and ample parking, the safety of officing in a city within a city, and the opportunity to mitigate upfront capital with our pre-built spaces, are all resounding themes from each new tenant we’ve attracted.”
Even in a submarket like downtown Los Angeles, where vacancy is at a high 23.9%, Ward and her team — in addition to the 300,000 square feet of leasing at Row DTLA last year — signed leases for an additional 95,000 square feet at the mixed-use site since the start of this year. Four different tenants seized the available square-footage: a 50,000-square-foot fashion tech company, a 25,000-square-foot media company, a 5,000-square-foot law firm and a 15,000-square-foot consumer brand company.
“There are high-quality, well-activated, well-amenitized buildings that have really healthy activity right now,” Ward said of the downtown Los Angeles market.
