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SANTA MONICA, CA-MTV Networks will move to a three-story, 45,000-sfbuilding at 1633 26th St., next to the music TV network’s existingheadquarters, under terms of a recently signed four-year lease.

Terms of the deal were not disclosed, but it would be more than $4million in total at current asking rates for the space. The building isowned by Kilroy Realty Corp., which acquired it in 1997.

MTV, whose current headquarters is at 26th Street and Colorado Boulevardin Santa Monica, is scheduled to move into the new building in January.In order to connect the new building with the one next to it where MTValready has space, Kilroy will cut through a brick wall between thestructures and add a connecting walkway. The deal includes rights forMTV to place a sign atop the second building.

Kilroy was represented internally by Kathy Delgado. MTV was representedby Brad Feld of Cushman & Wakefield.

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