In the State Farm lease, KW Commercial Investment Group, a division of Beverly Hills-based Kennedy Wilson, reports that the insurance company signed for a five-year term at One Baxter Way at the Oaks at Westlake. The Oaks is a 355,000-square-foot class A office project that Kennedy Wilson bought for $131 million in September 2007, according to a GlobeSt.com report at the time.
State Farm was represented by Dennis Richardson of Cushman & Wakefield; the landlord, One Baxter Way LP, was represented by David Solomon, Matt Heyn and Troy Pollet of CB Richard Ellis, and in-house by John Prabhu and Mickey Isen of Kennedy Wilson. According to Barry Schlesinger, Co-CEO, KW Commercial Investment Group, State Farm will be taking occupancy of its new space in January of 2010.
 150 S. Rodeo Dr. |
 10880 Wilshire Blvd. |
The GSA Military Entertainment Public Relations division acts as a liaison between the government and the Hollywood entertainment business. Its lease was originally negotiated in 2008 but was just recently executed after governmental approvals.
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