X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-A locally based telecommunications related firm has inked a lease renewal to take 27,434 sf of space in the San Fernando Valley’sImperial Bank Building.

The renewal will allow Telecom Network Inc. to move from its current space at 15233 Ventura Blvd. into a larger area at 15303 Ventura Blvd. Based on current leasing rates in the area, the 10-year lease is valued at nearly $7 million.

The LA offices of the Staubach Company represented the tenant. The building owner, Galleria Park Partners LLC was represented by LA-based Douglas Emmett & Co.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.