JLL and ROW DTLA seeing consistent leasing activity
News release
18 April 2023
Condé Nast signs lease at 32-acre ROW DTLA
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LOS ANGELES, April 19, 2023 –– With companies seeking dynamic campus environments, JLL and ROW DTLA announced today that global mass media company Condé Nast has signed a lease at its 32-acre, 1.4 million-square-foot mixed-use retail + office district in the Arts District submarket of Los Angeles, California. The new space represents a relocation of the firm’s Los Angeles office.
The new lease to Condé Nast is the latest office tenant to join ROW DTLA which has secured more than 300,000 square feet of office leases since January 2022. ROW DTLA can accommodate a variety of office requirements ranging from 3,000 square feet to 400,000 square feet.
JLL’s Jaclyn Ward, Cassie Trosclair and Sarah Hancock are overseeing office leasing at ROW DTLA. Brian Niehaus and Lalo Diaz of JLL represented Condé Nast in the lease.
ROW DTLA offers office tenants a secure, highly amenitized vibrant district with the option to lease one of several pre-built spec spaces or build their vision from scratch. Transportation at ROW DTLA is seamless with the option of a free shuttle from Union Station or space in the property’s 10-story structure with over 4,000 parking spaces. Tenant amenities include a state-of-the-art tenant-only, Athletic Club; several noteworthy dining options including Pizzeria Bianco, Hayato, Go Get Em Tiger, Kato and Rappahannock, and a variety of health and wellness, consumer brands, design and gift shops; and a Rooftop Cinema Club offering a sunset movie with a view of the skyline.
“Companies today are primarily looking for office environments with dining options, amenities and well-activated spaces that enhances its overall culture as they look to bring employees back to the office,” said Jaclyn Ward, JLL Managing Director. “The vibrancy of the district’s amenities and co-tenancies, the multitude of outdoor and event spaces and ample parking, the safety of officing in a city within a city, and the opportunity to mitigate upfront capital with our pre-built spaces, are all resounding themes from each new tenant we’ve attracted.” “
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About ROW DTLA
Located on the edge of the expanding Arts District in Downtown Los Angeles, ROW DTLA is a 32-acre urban enclave made for and by a collective of bold creatives, change-makers, risk-takers, entrepreneurs and forward thinkers. First known as the LA Terminal Market, ROW DTLA was built from 1917 to 1923 along the Southern Pacific Railroad and continues to be a major hub for the distribution of produce across the region. The thirty-acre district and its historic, industrial series of buildings have evolved into a walkable urban environment comprised of a unique and highly curated Collective of award-winning restaurants, boutique retail shops, creative office workspaces, outdoor green spaces, art galleries, event venues, and an abundance of amenities amid nearly two million square feet of space. For more information on ROW DTLA please visit: https://rowdtla.com/. Media inquiries can be directed to rowdtla@wagstaffmktg.com.