Columbia Square Signs First Tenant

LOS ANGELES—Kilroy Realty has signed the first tenant at its $400 million Columbia Square development in Hollywood. NeueHouse, a private creative office membership supplier, has signed a 93,000-square-foot, 15-year lease with the developer at the 680,000-square-foot mixed-use office campus. The tenant will lease 100% of the historic Radio and Business buildings. NeueHouse plans to take occupancy in the second quarter of 2015.

The innovative company provides creative, open floor plan office space for what it calls “solopreneurs” as well as start-up business of up to 20 people through three different membership options. “What NeueHouse is doing on a small scale is exactly what Columbia Square was designed for on a macro level,” David Simon, Kilroy Realty EVP, tells GlobeSt.com. “The purpose is to create a synergistic environment in which those who work in entertainment, new media, production, etc. have the opportunity to work with people and companies with complementary skills in a collaborative environment.” NeueHouse launched in New York City last year. This will be the company’s second location.