Henkel and Dentsu Aegis Network/Carat each signed 49,000-square-foot leases reportedly valued at $27 million apiece at C3, a 282,951-square-foot office campus under development in Culver City, CA. The seven-story vertical creative building is 35% leased, and slated to deliver in November 2017.
Located at 5800 Bristol Pkwy. at Culver Pointe, C3 is being developed by a JV between IDS Real Estate Group and a fund managed by PNC Realty Investors.
CBRE’s Alex Hayden, Travis Boyd, Rob Waller and Patrick Amos represented Henkel. Cushman & Wakefield’s Katie Bernhisel and Dillon Moscone represented Dentsu Aegis Network/Carat.
JLL’s Carl Muhlstein and Hayley Blockley, along with IDS’ Dave Saeta and Rob Fuelling, represented the landlord, BIT Culver City Creative Office LLC, in both leases.
Muhlstein says, “Companies like Henkel and Dentsu Aegis Network/Carat are attracted to 25-foot-high ceilings, floor to ceiling glass, efficient footprint, unique lofted space and private outdoor patio space.”
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