GLENDALE, CA – DivcoWest, a DivCore Capital company, announced that Hearst Media Production Group (HMPG) has signed a 10-year plus lease at 655 North Central, a Class A building in Glendale.
The lease for 20,011 square feet allows HMPG to move from an older facility in Burbank and expand its West Coast operations. Occupancy is expected sometime in early 2024.
The company, which is a business unit of Hearst Television and produces and distributes original programming for TV, broadcast, cable, and streaming services, also has offices in New York, Washington DC, and Charlotte.
“We’re delighted to partner with Hearst Media and do our part to help its leadership realize the vision of expanding in a high-profile, state-of-the-art facility that provides its employees with a full range of amenities,” said Jared Crowley, Senior Director-Investments, DivcoWest.
655 N. Central is a 549,000 s.f. LEED Platinum Class A office tower which was renovated in 2018 and features a conference/event center and a fitness room with full equipment including Peloton bikes, showers, and lockers.
The building also has an adjacent eight-level parking garage with EV charging. 655 N. Central has maximum visibility at the intersection of Central Avenue and the Ventura (134) Freeway.
About DivcoWest
Founded in 1993 by Stuart Shiff, DivcoWest, a DivCore Capital company, is a vertically integrated real estate investment firm headquartered in San Francisco, with offices in Austin, Cambridge, Los Angeles, Menlo Park, Washington DC, and New York City. Known for long-standing relationships and experience across the risk-spectrum in innovation markets, DivcoWest combines entrepreneurial spirit with an institutional approach to commercial real estate. DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance health and well-being. Since inception, DivcoWest and its predecessor have acquired approximately 59 million square feet of commercial space – primarily throughout the United States. DivcoWest’s real estate portfolio currently includes existing and development properties in the office, R&D, lab, industrial, retail, and multifamily spaces.
