Co-working firm Spaces is taking space in Hollywood – its first lease in the famed Los Angeles neighborhood – as the Dutch company continues to expand in the Los Angeles and Southern California market, according to CBRE Group Inc.
Spaces has signed a lease for a recently-renovated 61,000-square-foot, creative Class A office building at 1800 N. Vine St. in Hollywood. The building offers a large rooftop desk and expansive views of the Los Angeles basin and has easy access to the 101 freeway as well as the Metro Red Line subway.
The Hollywood lease adds to Spaces’ four other locations in Los Angeles County in Santa Monica, Culver City, Downtown Los Angeles and the Fairfax district. Each location offers a business club for networking and co-working, meeting rooms and event spaces, CBRE said.
CBRE’s Daniel Rainer, who represented Spaces in the transaction, said in a statement that the center will allow Spaces “to capitalize on the massive influx of housing and corporate migration in this market.”
Property owner Arch Vine was represented by Carl Mulhlstein, Nicole Mihalka and Hayley Blockley of Jones Lang LaSalle Inc.
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