{"id":1004675809,"date":"2023-08-10T03:54:56","date_gmt":"2023-08-10T11:54:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004675809"},"modified":"2023-08-10T03:59:09","modified_gmt":"2023-08-10T11:59:09","slug":"lincoln-property-inks-53-ksf-lease-at-hollywood-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/","title":{"rendered":"Lincoln Property Inks 53 KSF Lease at Hollywood Campus"},"content":{"rendered":"
\"BA\/SE<\/a>

The two-building BA\/SE creative office campus in Hollywood. Image courtesy of CommercialEdge<\/em><\/p><\/div>\n

Verve Talent & Literary Agency\u00a0<\/strong>signed a 53,000-square-foot lease with Lincoln Property Co.<\/strong> at BA\/SE, a creative office campus in Los Angeles’ Hollywood submarket. The tenant will relocate its global headquarters to the LEED Gold Core & Shell-certified office building<\/a> by the end of the next month.<\/p>\n

The transaction marks one of the largest office leases of this year within the Los Angeles metro. Lincoln Property Co.<\/a>\u2019s Senior Vice President Kent Handleman and Vice President Douglas Brown represented the owner in-house, while CBRE<\/strong>\u2019s Vice Chairman Jeff Pion worked on behalf of the new tenant.<\/p>\n

Verve will become an anchor tenant at the Class A office campus. Part of its Global Corporate Solutions Group, Lincoln\u2019s project management team will be in charge of tenant build-out at Verve\u2019s new headquarters.<\/p>\n

Completed in 2015, the campus comprises two separate structures: the 118,093-square-foot East Building and the 129,610-square-foot West Building. Lincoln Property acquired the campus in a $186 million portfolio transaction in 2020, according to CommercialEdge data. The same source shows that Invesco Real Estate provided the $140 million acquisition loan.<\/p>\n

A newly upgraded office campus<\/h2>\n

BA\/SE features floor-to-ceiling glass, passenger elevators, private screening rooms, high ceilings and concrete floors, on-site showers, electrical vehicle charging stations, bike parking, controlled access and approximately 729 parking spaces. The buildings received Energy Star and WELL Healthy Safety ratings.<\/p>\n

Upon the purchase of the campus, the new owner executed an improvement plan which included the renovation of the exterior of the buildings, the addition of outdoor patios, gathering areas, dining options and seating areas, among other amenities.<\/p>\n

The campus’ buildings are located at 6555 Barton St. and 959 Seward St., respectively, in the Hollywood Media District. BA\/SE is across the street from the Sunset Las Palmas Studios and near Route 101, which provides easy access across the Los Angeles metropolitan area<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The deal marks one of the biggest office commitments in the Los Angeles metro this year.<\/p>\n","protected":false},"author":3014,"featured_media":1004675812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1594,21742,21747,15],"tags":[32789,32779,34930],"class_list":["post-1004675809","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-los-angeles","category-latest","category-office","category-west","tag-cbre","tag-leed","tag-lincoln-property-co"],"acf":[],"yoast_head":"\nLincoln Property Inks 53 KSF Lease at Hollywood Campus - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Verve Talent & Literary Agency\u00a0inked\u00a0a 53,000-square-foot lease with\u00a0Lincoln Property Co. at BA\/SE, a creative office campus Los Angeles.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lincoln Property Inks 53 KSF Lease at Hollywood Campus\" \/>\n<meta property=\"og:description\" content=\"Verve Talent & Literary Agency\u00a0inked\u00a0a 53,000-square-foot lease with\u00a0Lincoln Property Co. at BA\/SE, a creative office campus Los Angeles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-10T11:54:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-10T11:59:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/MicrosoftTeams-image-3-e1691664878181.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/\",\"name\":\"Lincoln Property Inks 53 KSF Lease at Hollywood Campus - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/MicrosoftTeams-image-3-e1691664878181.jpg\",\"datePublished\":\"2023-08-10T11:54:56+00:00\",\"dateModified\":\"2023-08-10T11:59:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a0c04b9de1387474e28c9ebdb0444e59\"},\"description\":\"Verve Talent & Literary Agency\u00a0inked\u00a0a 53,000-square-foot lease with\u00a0Lincoln Property Co. at BA\/SE, a creative office campus Los Angeles.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/lincoln-property-inks-53-ksf-lease-at-hollywood-campus\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/MicrosoftTeams-image-3-e1691664878181.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/08\/MicrosoftTeams-image-3-e1691664878181.jpg\",\"width\":1000,\"height\":750,\"caption\":\"The West Building located at Hollywood 959 St. in BA\/SE campus. 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