California + Los Angeles + Office | June 4, 2021

LA County Takes Down a Five-Year Lease in LAX Submarket

The county of Los Angeles recently inked a five year 52,054-square-foot lease at 5200 W. Century Blvd. in the LAX/Century Blvd office submarket. The building was recently renovated with particular attention to the building systems, lobby, common areas, restrooms, HVAC and covered courtyard. The property offers access to the 405, 105 and 91 freeways as well as close proximity to LAX.

Chris Runyen with NAI Capital Commercial’s Office Services Group completed the lease on behalf of the landlord.

“The LAX market is going through a transformation, with massive development projects like the international terminal expansion, CONRAC, Metro Line extension and People Mover,” says Runyen. “The recent space absorption in the LAX market during the pandemic and this lease renewal by the county show that the Century Boulevard submarket is a very good value and a great place to do business.”

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Chris Runyen

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

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