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7/29/15
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Guthy-Renker has agreed to a new 10-year lease for 90k sf of space at PCT (formerly Pacific Corporate Towers) in El Segundo. The direct marketing firm will consolidate its longtime headquarters currently in Palm Desert and marketing offices in Santa Monica to their new office space, located at 100 N. Sepulveda Blvd.
With more than 400 employees, Guthy-Renker will occupy three and a half floors in the upper half of the 100 tower at PCT, one of the most high-profile office properties in the South Bay. The firm also has offices in San Francisco, California; Arden, North Carolina; London, England; Malmo, Sweden; Tokyo, Japan; Sydney, Australia; and Gurgaon, India.
CBRE Executive Vice Presidents Grafton Tanquary III and John Ayoob represented the landlord in the transaction. Bruce Schuman with Savills Studley and Matthew Miller and Sean Westgate with Cresa repped the tenant in the deal.
PCT was originally constructed in 1984 and then renovated in 1999 and 2014. It received LEED Gold certification in 2010. Convenient to Los Angeles International Airport, I-105 and I-405, PCT features two restaurants, a health and fitness center, convenient parking, and free airport shuttle service.
Shared spaces at PCT include a large, technology-enabled conference room, a library complete with a fireplace, and a park featuring outdoor offices. Employees will also be able to take advantage of onsite amenities to help drive personal and professional efficiency, including restaurants, a fitness center, a credit union, and a notary. The campus also offers free shuttles to Downtown El Segundo and to Los Angeles International Airport.
With more than 80 tenants ranging from Fortune 500 companies to creative start-ups, the addition of Guthy-Renker drives PCT’s occupancy above 90 percent.
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