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Culver City Office Market Still Strong; Wateridge Reaches 99% Occupancy

LOS ANGELES-While vacancies in some other Westside buildings rise, a development in Culver City lands three new tenants and now is almost fully leased.

By Erin Cassin | Updated on February 07, 2001

LOS ANGELES-Crown Realty & Development’s Wateridge office development in Culver City has signed three new tenants to push its occupancy level to 99%, even as buildings in other parts of the Westside see occupancy levels drop as more Internet firms scale back.

American Express, Traffic.com and the Independent Order of Foresters haveall signed five-year leases at the Culver City complex, which stands near the intersection of Slauson Avenue and La Cienega Boulevard. The trio of leases is worth a combined $2 million and total more than 15,000 sf.

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