Video Game Developer Leases Entirety Of West LA Office Campus In 200K SF Deal
Riot Games, the developer of League of Legends, inked the office portion of West Edge.
Riot Games, the developer of League of Legends, inked the office portion of West Edge.
Hines and NPS' investment is part of its $1.5B 'build-to-core' JV.
The local development authority gave its blessing to the sale Tuesday.
Hines handing back the keys to a D.C. office building may have been the first such situation in the city this cycle, but experts say it won't be the last.
Hines will refurbish Film House after the building has been vacated by WeWork.
WeWork is still finalizing its plans to leave Russia more than 500 days after the country invaded Ukraine.
Caravan has been signed for the new London HQ for Hines, while a number of other retail and F&B brands have moved into the London area.
Hines has raised £1.4B for its latest value-add fund despite the turmoil in financial markets.
The Pasadena-based buyer paid less than the average per-SF price.
The newspaper has been located at Hines' prominent One Franklin Square building since 2016.
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