EL SEGUNDO, CA—An affiliate of BlackRock has completed renovations of PCT, a 1.6-million-square-foot creative office campus in El Segundo, CA, after a nearly year-long renovation. Formerly known as the Pacific Corporate Towers, the newly unveiled LEED Gold-certified property has 80 tenants.

San Francisco-based Studios Architecture led the contemporary redesign of the property, incorporating several indoor and outdoor gathering spaces that are in high demand among today's office tenants. The property now has large “breakout” rooms with lounge seating and high-top tables for computers, a ground-floor lounge and large conference rooms. To meet the technology standards of many office tenants, the property also offers wifi throughout the complex as well as audio and visual capabilities in all of the conference rooms. Onsite amenities have also been incorporated into the property for tenant use, like a full-service gym, day-use bikes and ping-pong tables, plus an event schedule for the community that will offer food truck days, yoga classes and spa treatments.

CBRE handles the property management and leasing efforts. In recent months, the leasing team signed several new tenants, including the National Planning Corp., which leased 36,000 square feet of space. The new leases brought the building's tenant roster to 80, a diverse mix that includes Chevron, Oracle, Cetera, Mullin TBG and Nexon. Additionally, CBRE augmented its management staff in response to requests from tenants, adding a director of community experience, who will be responsible for creating the event schedule. CBRE did not respond to a request for comment before the publication of this story.

Creative office is becoming increasingly popular among office tenants. Similarly, the Ratkovich Co., Invesco Real Estate and Penwood Real Estate Investment Management have partnered to recapitalize the Hercules Campuses, also in El Segundo, to convert the property into creative office space.