The renewal will allow Telecom Network Inc. to move from its current space at 15233 Ventura Blvd. into a larger area at 15303 Ventura Blvd. Based on current leasing rates in the area, the 10-year lease is valued at nearly $7 million.

The LA offices of the Staubach Company represented the tenant. The building owner, Galleria Park Partners LLC was represented by LA-based Douglas Emmett & Co.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Leasing
Los Angeles
Office