Clearlake Capital Group Leases 150,000 Sq. Ft. In Los Angeles County's Avenue Of The Stars Development

JMB Realty has pre-leased 150,000 sq. ft. of office space in its 1950 Avenue of the Stars development to Clearlake Capital Group. This lease marks the second-largest office lease in Los Angeles County this year. The lease agreement includes the top eight floors of the 37-story tower, which is expected to be completed by 2026.

Summary of transation details

• Property Type: Office
• Transaction Amount: Not mentioned
• Address: 1950 Avenue of the Stars
• Market: Los Angeles
• Square Footage: 150,000

Clearlake Capital Group, represented by Jeff Pion of CBRE, will be the tenant in this leased office space. JMB Realty, the landlord, selected Clearlake Capital Group for this significant lease. Eric Olofson from Cushman & Wakefield served as the landlord's representative in the deal.