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Century City lease.


Law firm Klee Tuchin Bogdanoff & Stern LLP LLP - Lower Layer Protocol  has signed a seven-year lease for about $6.36 million to remain in Century City.

Later this month, the firm, which specializes in corporate reorganization, will move from offices at the Fox Plaza Fox Plaza is the name of a couple of buildings:
  • Fox Plaza (Los Angeles)
  • Fox Plaza (San Francisco)
 building to its new 20,200-square-foot space on the 39th floor of the AIG AIG addressee indicator group (US DoD)
AIG American International Group, Inc
AiG Answers in Genesis (religious group in defense of Scripture)
AIG Artificial Intelligence Group
AIG Australian Industry Group
 SunAmerica Center at 1999 Avenue of the Stars.

The deal breaks down to about $3.75 per square foot per month.

The law firm considered moving to Westwood or Beverly Hills before opting to stay in Century City, said Mike Tuchin, a partner at the firm.

"We liked Century City a lot," Tuchin said. "It's where business that we do is located and we have people all over the city so it's convenient for everyone."

Landlord Equity Office Properties Trust Equity Office Properties Trust, headquartered in Chicago, Illinois, is the largest owner of office buildings in the United States. It was formed in 1976 by Samuel Zell [1] and in February 2007, was acquired by the Blackstone Group for $23 billion plus the assumption of  represented itself in-house on the deal. The law firm was represented by Hunt Barnett of Madison Partners.
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Article Details
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Title Annotation:REAL ESTATE
Author:Miller, Daniel
Publication:Los Angeles Business Journal
Date:Dec 11, 2006
Words:151
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