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Article: Tenants are flocking to new Hughes Center component. (Real Estate).
- Article from:
- Los Angeles Business Journal
- Article date:
- February 18, 2002
- Author:
CopyrightCOPYRIGHT 2002 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Two lease deals in the works at Howard Hughes Center's 6080 Center Drive West will make its first year on line a very good one.
Arden Realty Inc., which owns the 287,000 square-foot-building, signed engineering consulting firm I(PFF to a five-year lease for 33,000 square feet of space. Arden is also in negotiations with Qantas Airways for an additional 12,000 to 15,000 square feet.
With these two tenants, 6080 Center Drive, which was completed in June 2001, will be about 90 percent leased, according to Michael Pollack, senior portfolio leasing manager with Arden. In KPFF's case, the combination of amenities and economics lured the company from its. ...