There were four deals in excess of 100,000 sq. ft. in DTLA and one in Century City. The varied locations and industries of these large tenants demonstrate the diversity of the local market and its strong underlying fundamentals.
Large legal tenants secured space in West LA and DTLA, the largest of which was Gibson Dunn’s 215,000-sq.-ft. renewal in DTLA.
In Burbank, Warner Bros. announced plans to lease two Frank Gehry-designed buildings totaling 800,000 sq. ft. scheduled for completion in 2023.