July 21, 2020
B. Riley Financial signed a new 18,000-square-foot office lease at BentallGreenOak’s 30870 Russell Ranch Rd. in Westlake Village. The financial services firm committed to a 10-year lease at the new property, moving from its original location in Woodland Hills.
The Class A building offers steel frame, Class A construction with an on-site fitness facility with freeway frontage and signage and is located near several walkable retail amenities.
CBRE’s Matthew Heyn, who represented the tenant says, “Moving from Woodland Hills to Westlake Village helped the client achieve substantial savings. We started this process pre-COVID and ended up signing it during the pandemic. Getting consensus to move the company’s office to another market on top of committing to a long-term lease in these uncertain times was challenging but we got it done as both client and landlord realized the tremendous benefits from this move.”
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