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New digs.


Ownit Mortgage Solutions is leasing 50,000 square feet in a sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner.  from telecommunications company See telecom company.  Spirent Communications Inc. at 27349 Agoura Road, taking about half the building's space. It will relocated re·lo·cate  
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates

v.tr.
To move to or establish in a new place: relocated the business.

v.intr.
 from 21,000 square feet at 21800 Burbank Road in Woodland Hills.

Spirent offered deep concessions to Ownit, which gets a period of free rent, use of existing furniture, an early termination option, a renovation allowance and building-top signage, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 its broker, Tom DelPonti, a vice president at Equis Corp. Darren Shibuya of Cresa Partners represented Spirent.

The transaction allows Ownit Chief Executive Bill Dallas to consolidate offices for his Dallas Capital Management Inc., an investment firm that operates software company Mindbox, the Fox Sports Grill Grill may refer to:

In food:
  • Grill (cooking), a device or surface used for cooking food, usually fueled by gas or charcoal.
  • Grilling, a form of cooking that involves direct heat.
  • A restaurant that serves grilled food, such as a "bar and grill".
 and fraud prevention systems designer Sysdome.

Staff reporter Andy Fixmer can be reached at (323) 549-5225, ext. 263, or at afixmer@labusinessjournal.com.
COPYRIGHT 2004 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Real Estate; Ownit Mortgage Solutions, Spirent Communications Inc., building space leasing
Comment:New digs.(Real Estate)(Ownit Mortgage Solutions, Spirent Communications Inc., building space leasing)
Author:Fixmer, Andy
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Aug 23, 2004
Words:141
Previous Article:Former ArtistDirect Building, re-Leased, offered for sale.(Real Estate)(Brief Article)
Next Article:Maguire sell-off?(Real Estate)(Maguire Properties Inc.'s Cerritos Corporate Center)(Brief Article)
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