A24 will relocate its offices to the Red Building of the Pacific Design Center. The independent entertainment company behind “Moonlight” is set to occupy 25,000 square feet of Los Angeles office space there.
Located at 750 North San Vicente Boulevard, the 400,000-square-foot Red Building is the newest of the three office buildings that make up the 1.6-million-square-foot Pacific Design Center. A24 has inked a lease with the Cohen Brothers for its entire 12th floor. According to the Commercial Observer, the asking rent for the space was $6.15 per square foot.
A24’s current location is 8321 Beverly Boulevard, but it plans to move these offices to PDC early next year. Here, it will join tenants like WeWork, Abrams Artists Agency and Digital Brand Architects. In July, WeWork signed a lease for 70,000 square feet on the seventh and eight floors of the building and already started advertising the space as a coworking venue.
Marc Horowitz, Cohen Brothers’ Senior Vice President and National Director of Leasing, represented the landlord in the deal. Robert Cavaiola and Matt Brainard, Senior Managing Directors for Savills Studley Los Angeles, acted on behalf of the lessee.
“We are pleased that this dynamic entertainment company was attracted to Red Building’s diverse collection of creative talent, collaborative environment, and location in the heart of the LA region’s creative community for establishing its West Coast office,” said Horowitz. “A24 will add an exciting new presence to Red Building’s roster of high-profile media and entertainment tenants.”