Local Nonprofit Sets 2026 LA Office Lease Record

March 24, 2026

Brokerage Los Angeles News Office More West

The organization now occupies more than half of the property.

In the largest office lease in Los Angeles County this year so far, North Los Angeles County Regional Center has renewed and expanded its lease at 9200 Oakdale Ave. in Chatsworth, Calif., from 112,115 to 166,867 square feet. Newmark represented the tenant.

Omninet Capital owns the office building, which, according to Yardi Matrix, totals 258,005 square feet. JLL represented the owner.

NLACRC inked its original commitment at the building in 2016; that lease was due to expire next year. The nonprofit will occupy nearly 65 percent of the mid-rise property, up from 43 percent. NLACRC partners with other community-based organizations to serve individuals with developmental disabilities and their families.

The 1991-completed property it occupies includes floorplates ranging between 20,530 and 27,184 square feet and an on-site cafe, as well as EV charging stations, among other features. Located about 30 miles northwest of downtown Los Angeles, the 10-story building is close to a 1.4 million-square-foot retail property dubbed Northridge Fashion Center.

Newmark Executive Vice President Steve Kolsky, alongside Executive Managing Director Suzanne Lee and Managing Director Ron Burkhardt, spearheaded the lease negotiations on behalf of NLACRC. Managing Director Katie Ruf, together with Project Manager Sabrina Rahman, Executive Vice Chairman Bill Fishel and Associate Director Mai Hu, provided further assistance to close the deal.

JLL Managing Director Jim Lindvall and Vice President Chloe Sanchez brokered the transaction on behalf of Omninet Capital.

Renewals drive Los Angeles office leasing activity

Metro Los Angeles’ office vacancy clocked in at 23.4 percent in December, marking a 50-basis point increase quarter-over-quarter, but a 10-basis point decrease year-over-year, according to a Cushman & Wakefield report.

The sluggish leasing activity led to a full-year activity volume of just 9.6 million square feet of deals closing in 2025, marking a 7.5 percent decline year-over-year, the same source shows. Moreover, that was the first year since 2020 when leases didn’t break the 10 million-square-foot benchmark.

Renewals carried the torch, with such deals up 13.7 percent year-over-year during 2025’s fourth quarter, as opposed to direct leasing, which slipped 35.6 percent during the same period.

Renewals weren’t hot just during the winter months, this being one of the office real estate trends that permeated throughout the year. In August, Behar Gibbs Savage Paulson extended its commitment to 35,754 square feet at One World Trade Center in Long Beach, Calif.