From Left: Snell, Bishop

LOS ANGELES-Newtwork Automation, a provider of information technology and business software, has expanded its headquarters by 25% and relocated to 3530 Wilshire Blvd. in a seven-year lease for 14,878 square feet. The company says that the opening of its new headquarters corresponds with a continued expansion in which revenue has grown by 30%.

The new Network Automation space is on the 18th floor of the 391,000-square-foot, 18-story 3530 Wilshire Blvd. building, which is owned by L.A.-based Jamison Properties. Network Automation, which formerly occupied 8,974 square feet in the Wiltern Theater building at the corner of Wilshire Boulevard and Western Avenue, was represented by SVP Nathan Pellow of Colliers International in the lease, terms of which were not disclosed. Asking rates for the building are $1.95 per square foot per month, full service, according to a Loopnet listing.

3530 Wilshire Blvd.

Continue Reading for Free

Register and gain access to:

  • 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.