The Honest Co. Signs 10-Year Lease For 38,000 Square Feet At The Bluffs Playa Vista

The Bluffs at Playa Vista features a Class A office asset located at 12121 West Bluff Creek Drive in Playa Vista, CA. The property encompasses a total of 38,000 square feet and represents a strategic relocation for its tenant. The lease transaction is valued at $33.4 million, which includes an incentive of 10 months of free rent.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $33.4 million
• Address: 12121 West Bluff Creek Drive
• Market: Playa Vista, CA
• Lease Terms: 10-year lease
• Landlord: Clay Duvall and David Binswanger - Lincoln Property Company; Victor Khosla - Strategic Value Partners
• Tenant: Jessica Alba - The Honest Co.
• Square Footage: 38,000

Jessica Alba, representing The Honest Co., is relocating its headquarters to this Class A office campus, which is developed by Lincoln Property Company and Strategic Value Partners. The move is set to take place by May 2027, transitioning from their current location at 12130 Millennium Drive in Playa Vista.