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[IMGCAP(1)]THOUSAND OAKS, CA-Office tenants have signed new leases for more than 104,000 square feet of space in recent transactions here and in Los Angeles, according to principals and brokers in the leases. The largest of the four deals is a 58,751-square-foot lease by State Farm Mutual Automobile Insurance Co. at Kennedy Wilson’s Oaks at Westlake project. The others include a deal for 24,282 square feet in a building at 150 S. Rodeo Dr. in Beverly Hills and two deals totaling 21,000 square feet at 10880 Wilshire Blvd. in Los Angeles.

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.

[IMGCAP(2)]In the 24,282-square-foot deal at 150 S. Rodeo Dr. in Beverly Hills, the law firm of Bloom Hergott Diemer Rosenthal LaViolette Feldman & Goodman has renewed its lease for five years at the class A office building, where it has been a tenant since 1992. The law firm was represented by principals Chris Houge and Hunt Barnett of Madison Partners along with Michael Meyer of DLA Piper. The landlord, BHP Holdings LLC, was represented by Lincoln Property Co. and Cushman & Wakefield, along with Allen Matkins Leck Gamble & Mallory.

[IMGCAP(3)]The two deals at the Oppenheimer Tower at 10880 Wilshire Blvd. included a $4.6 million, 14,000-square-foot renewal by the US General Services Administration Military Entertainment Public Relations division and a 10-year, approximately $2.8 million lease by accounting firm J. Arthur Greenfield & Co. In both deals, building owner Equity Office Properties was represented by Barnett and Houge of Madison Partners along with Andrew Goodman of Equity Office and Madison Partners directors Beau Rawi and Karly Nolen. The GSA was represented by Tim Pavek of Carpenter/Robbins and Greenfield was represented by Craig Miller of Stone Miller.

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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