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Office Space Opens in Downtown's LACS

LOS ANGELES-With Downtown Los Angeles office market beginning to bounce back, more than 200,000 sf of office space has opened up in Downtown's Los Angeles Center Studios.

By Erin Cassin | Updated on April 10, 2001

LOS ANGELES-As the Downtown Los Angeles office market continues to lure tenants away from pricier regions of the county, more than 200,000 sf of office space has opened up in Los Angeles Center Studios, a 20-acre, mixed-use campus tailored for media-related companies.

Rates are starting at $2.50 per sf for the office space, which is located in LACS’ central office tower. Geared toward entertainment firms, the available space is ideal for companies requiring from 500 to 50,000 sf, according to Stephan Smith, co-owner of LACS.

The 12-story building, which stands at 1201 W. Fifth St., is flanked on the north by six new 18,000-sf sound stages. LACS also includes a 400-seat theater, a 40-seat private screening room and areas that can be utilized for special events and parties, giving the complex a “campus feel that tenants wouldn’t get in other areas,” says Peter D. Brosnan, a spokesman for LACS. More than 80,000-sf of space has already been leased in the studio’s Maryland Wing and Fifth St. Wing, which houses tenants such as Allnet Productions, Hollywood Locations and MTV Networks.

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