Following a comprehensive repositioning effort in order toappeal to a broader base of users, Legacy Partners Commercial, Inc.the city agency and the publisher to leases at the Los AngelesMedia Tech Center, a seven building campus located at 2701-2714Media Center Dr. here. In each of the transactions, Legacy Partnersprovided 100% improvements in order to accommodate these twohigh-profile companies.

Playboy Enterprises, Inc. signed a 10-year lease for 64,000 sfof space and will be relocating corporate offices and consolidatingseveral other departments into this new facility located at 2706Media Center Dr. Tom Korey of First Property Realty representedPlayboy Enterprises while Dave Harding, Peter Poulson and KevinDuffy of CB Richard Ellis in Glendale represented Legacy Partnersin the transaction. Industry sources say the lease is valued at $14million.

In the second transaction, the City of Los Angeles, Bureau ofSanitation signed a 10-year lease for 64,820 sf. Harding, Poulsonand Duffy of CB Richard Ellis represented the City of Los Angelesand Legacy Partners in the transaction. The lease transaction hasbeen quoted by industry sources as having a value of $8.4million.