Interpublic Group of Companies has signed an 11-year lease for 150,000 square feet at 1800/1840 Century Park East Plaza. Newmark Grubb Knight Frank represented IPG, which will relocate its offices from the Pacific Design Center in West Hollywood. IPG will house ten agencies, including PMK*BNC, Weber Shandwick Rogers & Cowan Octagon Jack Morton FRUKT, and Advantage International, in these towers.
Building Amenities
Gensler’s 1840 Century Park East provides premium office space in Los Angeles. Boasting an exceptional collection of tenant amenities that offer a luxurious atmosphere for companies striving to make a first impression, 1840 Century Park East stands as an oasis.
Newmark Grubb Knight Frank represented Interpublic Group (IPG) in their 150,000-square-foot lease at 1800+1840 Century Park East, part of The Plaza towers in Century City. This deal represented one of the most significant new office leases signed since 2004.
The firm will relocate from Pacific Design Center in West Hollywood and expand across California with new offices providing services in business reorganization and financial restructuring, corporate, finance, intellectual property rights management, labor/employment issues, and litigation real estate taxes.
Building Location
Interpublic Group of Companies, an advertising firm representing clients such as Apple and Google, recently signed an 11-year lease for 150,000 square feet at 1800/1840 Century Park East Plaza towers – marking one of Century City’s most significant office relocations for over a decade, according to brokerage Newmark Grubb Knight Frank. IPG will relocate approximately 700 employees from the Pacific Design Center in West Hollywood into its new space; eight full floors in each tower will be dedicated exclusively to IPG as it receives exclusive signage rights on one building.
The company plans to renovate the space to meet its creative work environments and offer its clients access to multiple restaurants, services, and retail options.
Building Features
The Plaza at 1800+1840 Century Park East is a two-tower office complex offering Class A office space at premium pricing. Boasting floor-to-ceiling windows and stunning views of Century City, downtown Los Angeles, and Beverly Hills – along with LEED certification – The Plaza provides tenant amenities, including street-side WiFi plaza access as well as valet parking services for convenience.
Interpublic Group of Companies will become the dominant tenant in Plaza Towers, taking up eight full floors and one ground-floor location. Their marketing and communications agencies – PMK*BNC, Weber Shandwick, Rogers & Cowan Jack Morton Octagon FRUKT Advantage International The Axis Agency Dailey Campbell Ewald will move from Pacific Design Center West Hollywood. Newmark Grubb Knight Frank represented IPG during their lease negotiations.
2000 Avenue of the Stars is an inspiring workplace where innovation flourishes. Boasting impressive buildings, fantastic amenities, and delectable dining, this remarkable office property provides leaders looking to shape businesses a spacious atmosphere and ample room to work from.
Building Type
The Plaza at 1800-1840 Century Park East stands as a modern office building with timeless beauty, boasting an iconic aluminum facade that makes an instantaneous impactful statement on Los Angeles’ skyline. A recent multi-million dollar exterior remodel ensured it remains instantly recognizable as one of Los Angeles’s iconic icons.
These two towers are class A properties featuring luxurious offices that give tenants the prestige and status that come with being located in Century City. Boasting stunning views of the Los Angeles skyline as well as exclusive tenant amenities and services, these two towers make an excellent choice for companies hoping to make an impressionful statement in Century City.
Interpublic Group of Companies (IPG) signed a record lease for the 1840 Tower in West Hollywood and relocated ten of their agencies from the Pacific Design Center. Newmark Grubb Knight Frank represented IPG during this transaction.
