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Boston Properties has been busy signing leases at its Los Angeles office campuses. Its latest success: a 351,000-square-foot lease deal at Colorado Center, a 1.2 million-square-foot office campus in Santa Monica. A major entertainment tenant signed the seven-year lease.

The office market in Los Angeles is suffering from the pandemic, but you might not know it if you look at Boston Properties’ activity this year. Earlier this month, the office owner signed a lease expansion with a major tech company at the Santa Monica Business Park in Santa Monica, a 1.2 million-square-foot office campus at 3100 Ocean Park Blvd. The unnamed tech company signed a 144,000-square-foot lease. At the time, Jonathan Lange, SVP of the Los Angeles Region at Boston Properties, said there is strong office demand from high-profile tech and entertainment companies, and this most recent lease underscores the same trend.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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