EL SEGUNDO, CA—CBRE has arranged a new 10-year, 90,000-square-foot lease has been completed with direct marketing firm Guthy-Renker at PCT (formerly Pacific Corporate Towers) in El Segundo.

Guthy-Renker will consolidate its longtime headquarters from Palm Desert and its Santa Monica marketing offices to the premier office property located at 100 N. Sepulveda Blvd.

CBRE executive vice presidents Grafton Tanquary III and John Ayoob represented the landlord, in the transaction, while Bruce Schuman with Savills Studley and Matthew Miller and Sean Westgate with Cresa represented the tenant in the transaction.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.