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News release

HOLLYWOOD, CA

JLL Completes 41,100 SF Office Lease with SAE Institute at Hollywood Media Campus

Building is former home of Eastman Kodak's west coast headquarters


HOLLYWOOD, CALIF., Mar. 31, 2014 — JLL announced today that it has completed a new lease with SAE Institute for 41,100 square feet of office space at Hollywood Media Campus, a 105,413-square-foot creative campus situated on 2.97 acres in the heart of the Hollywood Media District.  The building is the former home of Eastman Kodak's west coast headquarters.  Hollywood Media Campus will now serve as SAE Institute's regional headquarters with move-in scheduled by year-end 2014.

JLL Los Angeles' team members Carl Muhlstein, Nicole Mihalka and Hayley Blockley represented the landlord, Lincoln Property Company and an institutional partner.  SAE Institute was represented by CRESA.

"SAE Institute chose Hollywood Media Campus because of the unique opportunity to occupy ground floor space with 35 foot clear ceiling heights for its studios," said Mihalka.  "Hollywood is seeing increased demand from businesses looking for creative space in the heart of entertainment and new media employment base."

Hollywood Media Campus is a two-building office campus ideally located in the Hollywood Media District, central to Los Angeles’ entertainment, art and design industries.  6700 Santa Monica Blvd. is a 19,661-square-foot, two-story building which features a 44-seat screening room, large interior sunlit courtyard with water feature, exposed beams, skylights, ample glass-line, a full service kitchen, elevator and 1,200 amps of electrical service. 1017 N. Las Palmas Ave. is a 85,752-square-foot production building with three stories of flexible creative office space and an approximately 15,000 square foot, fully air conditioned, 35 foot clear-span column-free space on the ground level accessible from the building’s five loading docks. This concrete and steel building features impressive lobby space, expansive courtyard areas, several screening and editing rooms, film vaults, fitness room with men’s and women’s showers, subterranean parking, two elevators and 2,000 amps of electrical service.

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About JLL
JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. For further information, visit www.jll.com.