| PROPERTY OVERVIEW |
| 1888 Century Park East is a 21-story, Class-A office tower located in the high-profile Century City submarket of West Los Angeles. The property offers tenants a first-class office environment with excellent views and pedestrian access to a variety of world-class Century City amenities. |
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| BUILDING AMENITIES |
Proximity to Nearby Amenities: This location provides pedestrian access to all Century City amenities, including a beautiful regional mall, high-end residential, first-class dining and luxury hotels.
Recent Property Upgrades: The building recently underwent a $6 million improvement program, including a ground floor lobby renovation, common area and HVAC upgrades, elevator modernization and garage improvements.
Easy Access: Located steps from Santa Monica Blvd. and within close proximity to Freeways 10 & 405, this location provides convenient access to both CBD Los Angeles and Northern California, as well as nearby Beverly Hills. |
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| LOCATION DESCRIPTION |
| 1888 Century Park East, Los Angeles, California. The asset is located on Century Park East, less than one block south of Santa Monica Blvd and the Los Angeles Country Club. |
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| MARKET |
| Century City is the largest of the Westside office submarkets and has effectively become the central business district in West Los Angeles. Over the past decade, many high profile financial firms have made Century City their primary Los Angeles location, including Goldman Sachs, Morgan Stanley, J.P. Morgan Chase, Credit Suisse and International Lease Finance. Developed from the late 1960s to the 1980s starting in what was the back lot of 20th Century Fox Studios, Century City continues to be a hub of the entertainment industry, with Fox, Sony and Creative Artists Agency each having 100,000+ square-foot tenancies in the submarket. |
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| TENANT PROFILES |
| The property's tenant composition includes a predominance of insurance, media, legal and technology firms. Major tenants include SCPIE Holdings, Sullivan & Cromwell, Anschutz Film Group, Northrop Grumman Systems and Turner Broadcasting Systems. |
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