Staying put. (Real Estate).For Verizon Communications
Verizon Communications, Inc. of California, there was no place like home. After shopping around for locations throughout the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. , the communications giant remained in its longtime local headquarters at 11333 Sepulveda Blvd. in Mission Hills, signing a lease renewal for the 65,000 square-foot building for over $10 million. Though the length of the lease was not disclosed, local sources estimated the term at 10 years. "We looked at several alternatives, but it made the most sense to stay where we were," said Cushman & Wakefield Inc. Executive Director Lee Black, who, with Cushman's Richard Bright Richard Bright may refer to:
The landlord, Farmers Insurance Group, originally occupied the building, though it's been leased for 20 years. About 250 people work at the site. Farmers was represented by Steve Zaccagnini and Jeff Ingham of JLL JLL Jones Lang LaSalle (real estate service and investment management firm) JLL Junior League of London JLL Junior League of Louisville JLL Joint Lessons Learned JLL Junior League of Lincoln JLL Junior League of Lynchburg . |
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