Kilroy Lands HQ Relocation at Hollywood Office Building

A video game developer will relocate its corporate headquarters from El Segundo, Calif. The post Kilroy Lands HQ Relocation at Hollywood Office Building appeared first on Commercial Property Executive.
Sunset Media Center is a Class A office building totaling 323,922 square feet. Image courtesy of CommercialEdge

Kilroy Realty has signed an approximately 12,000-square-foot long-term lease at its Sunset Media Center, a Class A office building in Los Angeles’ Hollywood submarket. Com2uS is the tenant, which will relocate its North American corporate headquarters from El Segundo, Calif. JLL represented the landlord, while Cushman & Wakefield’s Executive Managing Director Greg Lovett negotiated on behalf of the tenant.

The Korean video and mobile game developer will bring approximately 150 employees to its new space. The relocation is a strategic and trendsetting move for Com2uS, that has used the El Segundo location for the past decade, said Lovett in prepared remarks. He also noted that most video game companies in the Greater Los Angeles area are not located in Hollywood and now, aside from Com2uS, there exists only one other large game developer in the submarket.

READ ALSO: Los Angeles Office Deal Volume Highest in the Country

The landlord picked up the 22-story building in 2012 from CBRE Investment Management in a $79 million deal, the same source shows. Other tenants at the 323,922-square-foot property include Assembledge+, OpenTable, OneMain Financial, Comerica Bank and APM Music, CommercialEdge shows.

Located at 6255 W. Sunset Blvd., Sunset Media Center features 19,000-square-foot floor plates, six passenger elevators, 22,436 square feet of grade-level retail space and 604 vehicle parking spots on levels three to five, according to CommercialEdge.

Originally completed in 1972, the property was last renovated in 2015 and now includes an on-site management team, security systems and multiple common-area amenities such as a restaurant, outdoor patios, an indoor lounge, an outdoor plaza with sitting areas, an upgraded lobby, a library, lockers and shower rooms. Additionally, Sunset Media Center achieved Energy Star, LEED Gold, WELL Health-Safety Rated and Fitwel certifications.

JLL’s team of Vice President Dana Vargas and Managing Directors Peter Hajimihalis and Hayley Blockley are leading all leasing efforts at the property. Sunset Media Center is close to multiple bus stations, while being 3 miles from West Hollywood, 6 miles from downtown Los Angeles and within 15 miles of Los Angeles International Airport.

Notable Los Angeles office deals

A recent significant deal in the metro consists of Snap Inc.’s 10-year extension for more than 467,000 square feet at Santa Monica Business Park, a 21-building creative office campus owned by BXP. The parent company pf Snapchat has offices across eight buildings within the 1.2 million-square-foot complex.

In late 2023, Shepard Mullin signed a 119,217-square-foot, long-term commitment at City National 2CAL, a 1.4 million-square-foot building owned by CIM Group. The deal represented the largest downtown Los Angeles office lease of last year.

The post Kilroy Lands HQ Relocation at Hollywood Office Building appeared first on Commercial Property Executive.

Leave a Reply

Your email address will not be published. Required fields are marked *