The property at 1377 North Serrano Avenue in Los Angeles encompasses a 66,000-square-foot office space that has been leased by Fab Factory. This space was previously occupied by Netflix before being taken over by Fab Factory for their studios and entertainment division. The landlord, Adam Flatto of The Georgetown Company, facilitated this significant lease transaction, allowing Fab Factory to establish a presence in East Hollywood.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Market: Los Angeles
• Tenant: Rebecca O’Hara, Steven & Shaun Fabos - Fab Factory

Fab Factory's lease of the 66,000-square-foot space marks one of Hollywood's largest office lease deals this year. This transaction, brokered by The Georgetown Company, highlights Fab Factory's strategic move to expand its operations and attract subtenants within the entertainment sector. The property's transition from Netflix's occupancy to now housing Fab Factory's studios signifies a shift in the utilization of the space, catering specifically to the entertainment industry's needs.