Hudson Pacific Properties Inc Leases 29440 Square Feet At 1003 E 4th Pl, Los Angeles

The lease transaction involved 29,440 square feet of office space located at 1003 E 4th Pl, Los Angeles, CA, 90013, within the Los Angeles market. The property is a part of The Maxwell, featuring high-ceiling offices, outdoor sitting areas, and a rooftop terrace, with a parking ratio of approximately 2 spaces per 1,000 square feet. It consists of floorplates averaging about 11,000 square feet.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 1003 E 4th Pl, Los Angeles, CA, 90013
• Landlord: Hudson Pacific Properties Inc
• Landlord's Representative: Craig Kish - Newmark
• Tenant: Califia Farms
• Square Feet: 29,440
• Previous Tenant: WeWork
• Previous Address: 1019 E. Fourth Place
• New Address Proximity: Near bars, coffee shops, and international cuisine
• Metro Rail: Division 20 Rail Yard across the street

Newmark's Senior Managing Director, Craig Kish, represented the landlord in this deal, facilitating the relocation of Califia Farms from 1321 Palmetto St., located just a few blocks away. The transaction allows the plant-based beverage producer to occupy two floors at The Maxwell after the departure of WeWork from the premises.