Publicly traded media company signs 34,000 SF office lease at former Urban Outfitters building in Hollywood, CA

 

                                   Nicole Mihalka

 LOS ANGELES, CA, July 19, 2022 – JLL announced today that OUTFRONT Media (NYSE:OUT), one of the largest out-of-home media (OOH) companies in the U.S., has signed a 34,000-square-foot lease for the entire building that Urban Outfitters and Umami Burger recently vacated at 1520 N. Cahuenga Boulevard in Hollywood, California. 

  OUTFRONT Media will use the space for its Los Angeles headquarters office.

                           Caitlyn Ross

JLL’s Nicole Mihalka, Carl Muhlstein and Caitlyn Ross represented the landlord, a joint venture between Artisan Ventures and Walton Street Capital. OUTFRONT Media was represented by Steve Eyler of Cresa.

"We are seeing continued demand for freestanding campus environments, including the adaptive reuse of retail and industrial buildings into office spaces where creative tenants can build a culture, brand and vibe,” said Mihalka, JLL Managing Director.

 “With excellent visibility and ample outdoor space to work and entertain, this is the perfect location for a dynamic tenant in Hollywood’s vibrant Vinyl District.”

 Carl Muhlstein

1520 N. Cahuenga Boulevard is an iconic, free-standing campus complex that features exclusive outdoor meeting/work space, commercial kitchen, exposed bow-truss ceilings, multiple skylights and high ceilings. 

 The property is located in the heart of Hollywood in the Vinyl District, one of the hottest neighborhoods in the country, adjacent to top eateries and hospitality destinations including Grandmaster Recording, Mother Wolf, Dream Hotel, and the Thompson and Tommie Hotels. 

Contact:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

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