New York-based Tishman Speyer will list its The Brickyard and The Collective at Playa Vista campuses in Playa Vista, likely next week, 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.
The Real Deal first reported the news.
The Brickyard, at 12105 and 12126 W. Waterfront Dr. 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 Dr. is a 204,422-square-foot campus with five buildings.
Tenants in the Silicon Beach neighborhood include Facebook, which recently signed a lease to increase its footprint in the area.
Earlier this month, the Business Journal reported that 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 for roughly $630 million.
Tishman Speyer’s properties include the Rockefeller Center and Yankee Stadium in New York and 555 Mission St. in San Francisco.
Commercial real estate reporter Hannah Madans can be reached at [email protected]. Follow her on Twitter @HannahMadans
