Yellow Pages Unit Moves HQ in Expansion

GLENDALE, CA-Yellowpages.com has signed a long-term lease for 73,611 sf at 611 N. Brand Blvd., where the company will relocate its headquarters in an expansion from 20,000 sf in Old Town Pasadena, according to CB Richard Ellis. Nico Vilgiate and Todd Doney of CBRE report that the tenant will occupy three full floors of the 14-story, class A building that were vacated last year by Warner Bros. when the movie studio consolidated operations in Burbank.

According to the CBRE brokers, who represented Yellowpages.com, the $12.5 million deal is the largest relocation lease commitment in Glendale in the past seven years. The 611 N. Brand building totals approximately 383,00 sf and is owned by Los Angeles-based Maguire Properties, which was represented in-house by Josh Wrobel.

Yellowpages.com is an expanding online directory service that is now a division of AT&T Services. The company based its decision to move from Pasadena on operational expenses and the lack of any contiguous blocks of space that met its requirements, Vilgiate says.