CENTURY CITY, CA-The law firm of Pachulski Stang Ziehl & Jones will relocate to new floors and upgraded space at 10100 Santa Monica Blvd. in its $18 million lease renewal with building owner Hines Interests, according to brokers who represented the law firm. L.A. Realty Partners Pprincipal Gary Weiss and Bob Safai of Madison Partners, who arranged the 10-year renewal for the law firm, report that Pachulski Stang will occupy 32,000 square feet on the 13th and 14th floors at 10100 Santa Monica Blvd., where the law firm has been a long-term flagship tenant.
The lease, previously reported on GlobeSt.com, will involve a relocation that will be part of "an extensive brand-new build-out that will optimize the efficiency of their space, while updating and upgrading their offices," the brokers say.
“The current market conditions in Los Angeles’ class A markets are ripe with opportunities for established tenants like Pachulski Stang that need to re-evaluate how they utilize office space,” Weiss said. Dean A. Ziehl, managing partner of Pachulski Stang, noted that the lease maintain a key Century City location and creates a streamlined new work environment for the firm, which is one of the largest corporate restructuring and bankruptcy law firms in the country.
Hines Interests, was represented in-house by Todd Later and Eric Lyon.
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