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PR Firm Expands on Westside

LOS ANGELES-Shandwick USA takes additional 5,927 sf at 1888 Century Park East in Century City, raising occupancy to 40,062 sf. Sources say the three-year deal is worth about $4.5 million.

By David W. Myers | Updated on December 19, 2001

LOS ANGELES-A unit of one the nation’s largest public-relations firms has signed a lease valued at about $4.5 million to expand its Century City office.

Terms of the three-year agreement will give Shandwick USA an additional 5,927 sf at 1888 Century Park East, raising its total square footage in the high-rise to 40,062. Shandwick USA is part of Interpublic Group of Cos., the New York-based advertising and marketing-services conglomerate.

Shandwick USA was represented by Steven Kolsky, principal in the LA office of Newmark & Co. Real Estate Inc., and Scott Panzer, principal in Newmark’s New York office. Mickey Isen, managing director at Beverly Hills-based Kennedy Wilson International, represented landlord Bental 1888 LLC.

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