The Olympic Bundy Media Campus located at 1901, 1925, and 1933 South Bundy Dr. and 12333 W. Olympic Blvd. in Los Angeles is comprised of 11.55 acres, with four existing buildings totaling approximately 233,600 square feet. According to the firm, the Olympic Bundy Media Campus represents “an exciting opportunity to renovate and reposition a large-scale office location into a modern creative office campus.”

Approximately 84,200 square feet of the project has been renovated and is immediately available for office tenancy, of which 64% is currently leased through May 2013 to the Rubicon Project, an online advertising technology company. Approximately 149,400 square feet of the project is planned for renovation to capitalize on West Los Angeles' growing technology and media tenant demand, according to a prepared statement.

All of the buildings at the Olympic Bundy Media Campus feature high, wood bowtruss ceilings, sawtooth skylights, and industrial windows, features appealing to today’s creative office users. The site also benefits from zoning which could potentially support up to an additional 500,000 square feet of future improvements. This acquisition is expected to close on or before September 1, 2012. Both acquisitions are subject to customary closing conditions.

According to Victor Coleman, chairman and CEO of the firm, “Our primary growth strategy has been to increase the company's presence in markets with a diverse base of office tenants, with an emphasis on media, entertainment and technology tenancy.” He adds that “these highly desirable assets in dynamic submarkets of San Francisco and West Los Angeles deliver on this objective. These acquisitions present an opportunity to continue to enhance shareholder value by identifying assets in strong markets where our experience can create value.”