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Flight to Quality Brings Tenants to New Culver City Offices
Lincoln Property Company has secured three leasing agreements totaling 140,000 square feet at Entrada, a new Class A office development located at 6181 Centinela Ave. in Culver City. The signings, which account for almost 50% of the total square footage of the building, are among the largest office leases in Los Angeles in 2024, signaling a resurgence in demand for prime office space.
The new tenants collectively include:
- An undisclosed multinational advertising technology company has committed to 75,000 square feet.
- Jazwares, a Berkshire Hathaway-owned toy manufacturer, will occupy 51,000 square feet.
- Impact Networking, a leader in managed services, leased 14,000 square feet.
“These three leases are Los Angeles’ latest and arguably best examples of the flight to quality trend in the office sector,” said Rob Kane, Lincoln’s senior EVP and market leader for Southern California. “This flight to quality will continue to increase in the second half of the year for the highest caliber buildings. As one of the newest Class A buildings in the market, Entrada is well-positioned to continue to benefit from this increasing demand.”
SVP Kent Handleman and Lincoln’s Douglas Brown, Vice President, facilitated the leasing agreements.
- ◦Lease
