The Honest Company Can’t Lie About Moving to Playa Vista
- Jul 29, 2015
The well-performing office submarket of Silicon Beach continues to generate momentum from companies that record success and look to expand operations in the area. The Honest Company, a lifestyle brand that focuses on promoting a healthier lifestyle, just completed an agreement to occupy the top three floors of a Playa Vista office complex.
Set to relocate from its current 2700 Pennsylvania Avenue in Santa Monica, The Honest Company will take over 83,000 square feet at its new home starting with the beginning of 2016. Known as i|o at Playa Vista, the office complex is located at 12130 Millennium Drive in Playa Vista.
The i|o Playa Vista complex consists of two office buildings offering 300,000 square feet of space. Owned by Clarion Partners since last year when it was bought from Lincoln Property Company, the asset quickly went from completely vacant to almost three-quarters leased following The Honest Company’s recent lease. i|o Playa Vista’s tenant roster includes a number of other new names including Fullscreen, Group M and The Chernin Group, all of which have signed agreements in 2015.
Clarion and Lincoln have carried out an extensive renovation of the complex, leading up to a very successful 12 months in terms of leasing. Improved common areas, outdoor terraces, interconnecting staircases on the exterior of each building and a remake of the complex’s courtyard were part of the campaign.
Image courtesy of ioplayavista.com