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8/28/15
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Internet TV giant Netflix agreed to a lease for 200k sf at ICON, a nearly $200 mil creative office development currently under construction along Hollywood’s thriving Sunset Corridor. We’re told the deal is the largest office lease signed to date this year in Hollywood in terms of square feet. Terms of the transaction were not given out.
ICON is a 14-story, 323k sf office tower being developed at Sunset Bronson Studios by Hudson Pacific Properties. Located at 5800 West Sunset Blvd, the building is It is slated for completion in late 2016.
Hudson Pacific Properties’ other projects underway at Sunset Bronson Studios include an under-construction roughly 1,600-space parking structure and a planned five-story, 96k sf creative office building for delivery in mid-2017.
The two Class A office buildings were designed with today’s leading creative companies in mind. Both will be LEED Gold certified with cutting-edge systems, large floor plates, significant column-free spans, and underfloor power and data options, all of which enhance workplace efficiency and flexibility.
Victor Coleman, Chairman and CEO of Hudson Pacific Properties, said, “ICON’s innovative architecture, sustainable design, and access to top-of-the-line sound stages and production facilities are perfect for next-generation tech and media companies like Netflix. We’re transforming Sunset Bronson Studios into the most dynamic creative and production complex in the entertainment business today.”
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