New York-based Tishman Speyer Properties will list its Brickyard and Collective at Playa Vista campuses in Playa Vista, according to a source familiar with the matter.
The properties are expected to fetch more than $600 million. Tishman Speyer declined to comment.
Eastdil Secured has the listings.
Brickyard, at 12105 and 12126 W. Waterfront Drive is a 425,300-square-foot campus with creative office space and retail.
Collective, located at 12005, 12015, 11975, 11985 and 11995 West Bluff Creek Drive is a 204,422-square-foot campus with five buildings.
Tenants in the Silicon Beach neighborhood include Facebook Inc., which recently signed a lease to increase its footprint in the area.
Earlier this month, the Business Journal reported Tishman Speyer had a deal in the works to sell the Wilshire Courtyard, a 1-million-square-foot complex in Miracle Mile, to Onni Group of Cos. Ltd. for roughly $630 million. Tishman Speyer purchased the Wilshire Courtyard in 2012 for $423 million.
Tishman Speyer’s properties include Rockefeller Center and Yankee Stadium in New York and 555 Mission St. in San Francisco.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Tishman’s Local Property Listings Expected to Fetch More Than $600M
- John R. Miller
- Loyola Marymount Takes First Lease at Playa Vista’s Brickyard Offices
- Tishman Gets Creative in El Segundo
- PAUL DEMARTINI
- Office Buyer Gets Even More Creative in South Bay
- David Lapidus
- Silicon Beach Regional Report: LMU Announces New Playa Vista Campus