Hudson Pacific Properties Secures Lease at Hollywood Office Asset
The global post-production firm, Company 3 has signed an 11-year, 70,285-SF lease at Hudson Pacific Properties' new, class A development, Harlow.
LOS ANGELES, CA – The global post-production company, Company 3 has signed a 70,285-square-foot lease at Hudson Pacific Properties Inc.’s recently-completed, class A office development, Harlow, in Hollywood, CA.
Company 3 will commence its 11-year lease in Q2 of 2022.
The four-story, 130,000-square-foot, state-of-the-art office property, located at Sunset Las Palmas Studios, features 26,000-square-foot flexible floorplates, a two-story mezzanine and terraces on each floor, which offer 16,000 square feet of outdoor workspace.
Designed by RIOS, Harlow features greenhouse-inspired architecture and its operations are 100% carbon neutral. The building is LEED Gold certified, Platinum Wired certified and Fitwel certified.
Through the new lease, Company 3 is expanding its real estate footprint in Los Angeles, where the firm additionally fully occupies Hudson Pacific Properties’ 3401 Exposition office property in Santa Monica.
“We are thrilled to significantly expand our relationship with Company 3 and welcome them to Harlow, a shining example of what we deliver for our tenants—stunning architecture; sustainable, wellness-centric and tech-forward design and operations; and a unique on-studio lot location,” states Victor Coleman, Hudson Pacific Properties’ chairman and CEO.
Coleman adds, “Harlow is now over 50% leased and we have strong interest in the balance of the building. This underscores the resiliency of demand particularly for our assets and locations as companies plan for and commence a return to the office and productions run full-steam ahead.”
In 2020, Hudson Pacific Properties sold a 49% stake in its Hollywood Media portfolio to Blackstone. Following the transaction, Hudson Pacific Properties and Blackstone jointly-own both Harlow and Sunset Las Palmas.