Jamison Signs Create Advertising to Approximately 42,000-Square Foot Lease at Harbor Building

By: Jamison
 
 
The Harbor Building
The Harbor Building
LOS ANGELES - June 19, 2018 - PRLog -- Jamison has signed entertainment advertising agency Create Advertising to a long-term lease to occupy approximately 42,000 square feet at the historic Harbor Building located at 4201 Wilshire Boulevard in Los Angeles.

Create Advertising, which has produced award-winning print, A/V, and digital campaigns for such films as Avengers: Infinity War, Life of the Party, I Feel Pretty and the TV miniseries The People vs. OJ Simpson, will move into the Harbor Building in the first quarter of 2019.

Under terms of the lease, Jamison will build out the entire sixth floor to suit the needs of the agency under a mutually agreed to space plan, according to Jamison's Jaime Lee.  The high-end creative space will include private offices, meeting spaces and soundproofed editing rooms. In addition, Jamison is upgrading the common areas on the tenant's floor, including the elevator lobby area and the restrooms.

This is the third large entertainment company to lease space at the Harbor Building recently. In 2016, global entertainment company Entertainment One leased approximately 30,000 square feet to house its reality television and music divisions. Last fall, advertising agency Concept Arts, which produced campaigns for films like La La Land, Fence and Moonlight, signed a long-term lease for the entire fifth floor totaling approximately 42,000 square feet.

Built in 1956 to the highest building standards for J. Paul Getty's Tidewater Oil Company, the six-story, approximately 258,000-square-foot Harbor Building is characterized by the extensive use of marble and granite finishes on both the building exterior and interior. Taking up an entire city block, the building features approximately 42,000-square-foot floor plates with concrete floors, high exposed ceilings and views of the Hollywood Hills, Westside and Downtown Los Angeles.

The Harbor Building's central location, combined with its high-end finishes and history make it an attractive landing spot for creative office tenants seeking a quality alternative to higher priced submarkets such as Hollywood and the Westside, according to Ben Silver of First Property Realty Corporation who represented Jamison in the transaction along with Jeffrey Resnick and Stefan Neumann.

"We are pleased to welcome Create Advertising to our growing list of creative tenants at the historic Harbor Building," said Silver.  "Jamison's commitment to renovating the building and delivering high-end creative space for our new tenants has turned the Harbor Building into a major success story. Nearly 120,000 SF of creative space has already been leased and more deals are in the works."

Located in the Park Mile neighborhood of the Mid-Wilshire area, The Harbor Building is walking distance to the Metro Purple Line station at Wilshire and Western.  It is surrounded by a rich amenity base in Koreatown, Larchmont Village and Miracle Mile.

Robert Hooks of Cushman & Wakefield represented Create Advertising in the leasing process.

About Jamison
Jamison (http://www.jamisonservices.com) is a privately held firm engaged in the acquisition, management, and development of commercial and multi-family real estate. Headquartered in Los Angeles, Jamison currently manages and leases more than 90 commercial buildings totaling approximately 17.5 million square feet and more than 2,000 residential units under management.

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Bruce Beck
DB&R Marketing Communications, Inc.
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Source:Jamison
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Tags:Jamison, Cre, Real Estate
Industry:Real Estate
Location:Los Angeles - California - United States
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