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Viacom Inks Major Lease at Columbia Square

LOS ANGELES—The media company signs an 180,000-square-foot lease at Kilroy Realty's Hollywood office development Columbia Square to consolidate several offices around Los Angeles.

By Kelsi Maree Borland | Updated on November 21, 2014

LOS ANGELES—Viacom has signed a lease for 180,000 square feet with Kilroy Realty Corp. to anchor the Columbia Square development in Hollywood. This is the largest lease signed in the Hollywood submarket in the past 10 years. Viacom will occupy the Gower Building at the 685,000-square-foot creative office property.

Viacom, whose media networks include BET, Comedy Central, MTV, Spike TV, VH1 and TV Land is consolidating all of its West Coast offices into the new Columbia Square space. The company’s West Coast headquarters is currently in Santa Monica, along with a spattering of offices throughout Los Angeles. “This lease just validates what we have been talking about for the last several years,” David Simon, EVP at Kilroy Realty Corp., tells GlobeSt.com. “When you think about Columbia Square and you think about the environment—with the retail, multifamily and office all working together—it really fit well in what Viacom was trying to do in bringing all of their brands together under one roof. Columbia Square really makes sense for Viacom, and it is a phenomenal branding opportunity for them as well.”

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