Los Angeles-based global investment manager Ares Management has inked a 12-year pre-lease to become an anchor tenant at a Century City office campus now being redeveloped by Anderson Real Estate.
The investment manager will occupy 206K SF at 1800 Avenue of the Stars, beginning in June. The deal includes the naming rights to the building, part of a $100M renovation of a three-building campus at 1800 and 1900 Avenue of the Stars.
The developers, who are calling the campus Anderson Towers, say they are "reimagining" the campus into a landmark office address "unmatched" in Los Angeles.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.