Jamison Inks HQ Relocation in Los Angeles
Jamison has signed a 21,000-square-foot long-term lease with women’s fashion label L’AGENCE at The Harbor Building, a 246,000-square-foot office property in Los Angeles’ Wilshire Corridor submarket. JLL negotiated on behalf of the landlord.
L’AGENCE will use the space as its new corporate headquarters and will relocate from the city’s Arts District. Notable tenants at The Harbor Building include Create Advertising Group, Heaven Tours, Concept Arts, Community Films and Harbor Dental Care, according to CommercialEdge.
Built in 1956, The Harbor Building is a marble and granite six-story property at 4201 Wilshire Blvd. that features 42,000-square-foot floorplates, 13-foot ceilings, 4,708 square feet of retail space and 220 covered parking spots. The full-block property was initially constructed for J. Paul Getty’s Tidewater Oil Co.
The office building went through cosmetic renovations in 2018 and is under Jamison Services’ ownership since 1997, when the company acquired it for $3.9 million, CommercialEdge data shows. In 2018 the asset became subject to a $30 million loan originated by PNC Bank, according to the same source.
The JLL team arranging the deal for Jamison included Vice President Greg Astor and Senior Vice President Ben Silver.
Large office commitments in LA
The Harbor Building is part of the Park Mile neighborhood, close to the Metro Wilshire/Western station. The approximately 2-acre site is 5 miles from downtown Los Angeles, 9 miles from Glendale, Calif. and within 13 miles of Los Angeles International Airport.
Earlier this month, JLL assisted on the largest new office lease signed so far this year in the metro: landlord CIM Group inked a 198,553-square-foot deal at City National 2CAL, a 52-story office tower in Bunker Hill District. The tenant is Southern California Gas Co., which will relocate its headquarters to the 1.4 million-square-foot property.
CIM Group also inked 2023’s largest new office lease at the same building. In December 2023, law firm Sheppard Mullin also committed to 119,217 square feet at City National 2CAL, relocating its headquarters.
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