By Adina Marcut
Los Angeles—JLL recently announced that it has represented Nativo Inc., a technology firm specializing in native advertising, in a new 25,051-square-foot lease at 100 Pacific Corporate Towers (PCT). JLL’s Jason Fine represented Nativo in the lease. The landlord, GM Pension Fund / Blackrock, was represented by CBRE.
PCT is a three building, 1.5 million-square-foot office complex located at 100, 200 and 222 N. Sepulveda Blvd. in El Segundo, Calif. The property will serve as the company’s new headquarters. The firm will be relocating from its current 9,000 square feet at 200 Pacific Corporate Towers to the 100 PCT.
“El Segundo is an attractive destination for tech and media companies with renovations of both Class A conventional office towers and redevelopment of former industrial warehouses. The El Segundo market continues to strengthen with fourth quarter 2016 overall vacancy at 11.7 percent and over 350,000 square feet of year-to-date of positive net absorption,” Jason Fine said in a statement.
Image courtesy of JLL