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6/22/22
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Company 3 has signed a 70.3k sf lease at Harlow, a four-story, 130k sf creative office building in Hollywood. Terms of the deal were not disclosed.
Company 3 is a global leader in post-production servicing its clients in color grading, in-house and location dailies and editorial, visual effects and online editorial services for feature films, commercials, music videos and television. The firm signed a lease for approximately 56k sf at Harlow in April 2021. As a result of continued growth, it is now expanding into approximately 70k sf of additional space at the building less than a year later.
Harlow is a four-story creative office building featuring greenhouse-inspired architecture, spacious layouts, above-standard ceiling heights, best-in-class telecommunications infrastructure and outdoor workspaces. The property is situated within Sunset Las Palmas Studios, a full-service production lot surrounded by an array of supporting businesses. The property is owned by Hudson Pacific Properties, the largest domestic owner-operator of independent studio lots.
Located at 1001 N. Seward St, the property offers numerous nearby amenities including Orange Theory Fitness, Target, Sprouts, Best Buy, LA Dogworks, Rao’s Hollywood, Grub, Salt’s Cure, Osteria Mozza, Tatsu Ramen, Providence, Marino Ristorante, Next Door Lounge, The Cat & Fiddle and West Hollywood Gateway.
Jay Luchs and Gavin Ketchum with Newmark represented Company 3/Method Inc in the transaction. The Newmark team has worked with the firm over the past two years, having completed two transactions during that time with two additional transactions underway across the U.S. and Canada.
Entertainment companies have led the way in Los Angeles’ office market recovery, particularly on the Westside, according to Newmark Research. Driven by increased consumer demand for content, technology, streaming and video game companies led leasing activity in 2021, a trend that is expected to continue through 2022.
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