Creative Co. Signs Record-Breaking Lease

LOS ANGELES—SAE Institute has signed a lease for a 41,000-square-foot office space at Hollywood Media Campus, a 105,413-square-foot creative office building in the heart of Hollywood, CA. The lease transaction is one of the largest new office leases signed in Hollywood in the last several years.

SAE Institute moved from an approximately 25,000-square-foot space on Sunset Blvd. in Hollywood. It plans to build several production stages in the new space, which was formerly occupied by Eastman Kodak, before taking occupancy at the end of the year. “SAE was attracted to the historic nature of the property and that it was Eastman Kodak’s headquarters,” Nicole Mihalka, a JLL broker, tells GlobeSt.com. Mihalka represented the landlord, Lincoln Property Co., along with her JLL colleagues Carl Muhlstein and Hayley Blockley. CRESA represented SAE Institute.