Mark T. Sullivan and Paul Stockwell, both of Studley's Downtown Los Angeles office, tell GlobeSt.com that the US unit of the Australian-based shopping center owner signed for 86,335 sf on 4 1/2 contiguous floors at the World Savings Center at 11601 Wilshire Blvd. The deal is an expansion of 17,233 sf from Westfield's existing space in the 24-story, 469,115-sf office tower, which was built in 1983 and approximately 95% leased.

Sullivan and Stockwell represented Westfield, with building owner Arden Realty Inc. of Los Angeles represented internally by Scott Chalmers and Troy Holme.

Sullivan and Stockwell say the new lease provides additional parking for Westfield, which is the largest occupant of 11601 Wilshire Blvd., in addition to the expansion space. The high-rise, which the brokers describe as "the best building in Brentwood," features wiring for high-speed Internet and other broadband services in all of its offices, on-site fitness center, bank, travel agency, copy center, cafe and concierge services. It is within walking distance to restaurants, banks and other retail services.

Westfield Corp., a US affiliate of Australia's Westfield Group, owns and manages 63 shopping centers in the United States. The company operates its properties under the Westfield Shoppingtown name. Its centers are home to more than 8,400 specialty stores that comprise 62.5 million sf in the states of California, Colorado, Connecticut, Florida, Illinois, Indiana, Maryland, Missouri, Nebraska, New Jersey, New York, North Carolina, Ohio and Washington. The parent company is a developer, architect, builder, property manager and funds manager for an $18.4-billion portfolio of 112 centers, with about 90 million sf of retail space and 17,000 stores, in four countries.