Engineering and construction giant Jacobs Engineering Group Inc. is moving its headquarters into new Pasadena digs.
The aerospace and defense contractor has signed a lease at 155 N. Lake Ave. with landlord Equity Office Properties to relocate from its nearby headquarters. Terms were not disclosed.
Since 1997, the firm has occupied about 74,000 square feet at 1111 S. Arroyo Parkway. It is scheduled to move this week.
Company representatives were not available for comment, but sources told the Business Journal the firm has outgrown its current home. It had been searching for new offices since at least last year.
The new facility’s floor plan will eliminate most offices in an effort to encourage more teamwork and collaboration. The space will include some conference rooms for meetings.
Linda Lee, who handles deals in the Tri-Cities for Charles Dunn Co. but was not involved in the deal, said the new office will give the company a better location and more visibility, but not require it to move too far.
“The Arroyo building is out of the way of the main business district,” she said. “It makes sense to move to (the more central) Lake Avenue building,” which offers better access to the shops and amenities of Pasadena.
Alloy Digital LLC is moving and consolidating its regional offices into one Beverly Hills location.
The digital media firm, which is a subsidiary of Alloy Media LLC in New York, signed a lease for 34,003 square feet at 8750 Wilshire Blvd., known as Wilshire Robertson Plaza, in Beverly Hills. Industry sources estimate the deal with landlord Amir Development to be about $8 million.
Alloy produces online video content for sites such as YouTube LLC, where it has one of the most watched channels on the website.
Alloy’s main regional office is at 6300 Wilshire Blvd. on Miracle Mile now; it also has offices in Hollywood and Santa Monica, which the company took over after acquiring firms such as Smosh and Clevver Media.
Craig Kish, a senior vice president at Jones Lang LaSalle Inc. who represented Alloy, said the company sought space at the new location after looking around the county, including Culver City and West Hollywood. Instead of choosing popular Santa Monica, the company ultimately decided on the 118,000-square-foot Beverly Hills office complex, which was formerly home to music label BMG Chrysalis, for the building quality and its location.
“They’ve got employees coming from the Valley and the Westside, so it was more a what’s-equally-inconvenient-for-everyone decision,” he said.
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