DIRECTV Signs Largest Office Lease in Los Angeles in Past 10 Years

by KW Calabasas on General March 19th has no comments yet!

In what brokers are calling the largest office lease in Los Angeles in the past 10 years, DIRECTV Inc. has leased approximately 630,000 square feet of office space at Kilroy Airport Center, a class-A office property located at 2240, 2250 and 2260 E. Imperial Hwy in El Segundo, Calif. The lease, which could increase to up to 720,000 sq. ft. over the term of the lease agreement, represents an expansion of DIRECTV’s corporate headquarters.
Jones Lang LaSalle’s Los Angeles team of Gary Horwitz, Alan Aufhammer and Tony Morales represented DIRECTV, Inc. in the transaction. The property owner, Kilroy Realty Corp., was represented in-house by Jeff Hawken.
Jones Lang LaSalle’s Southern California Project and Development Services group, led by Judy Caruthers, will oversee the build-out of the offices, collaborative spaces and meeting places.
“DIRECTV evaluated all possible occupancy solutions for the expansion of its corporate headquarters with a priority of keeping all employees in a single location,” said Horwitz in a statement. “Jones Lang LaSalle assembled an experienced team of leasing, strategic consulting, capital markets, workplace and project management experts for this transaction. At the end of the process, DIRECTV chose expansion at its current location because it greatly outweighed the alternatives.”

National Real Estate Investor – Staff Reports

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