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Spin Master has signed a 132,300-square-foot lease at The Collective, a 204,724-square-foot, five-building creative office campus in the West Los Angeles neighborhood of Playa Vista. This deal marks the largest leasing agreement in the area in the past two years. Tishman Speyer owns the property.
JLL and Madison Partners arranged the transaction on behalf of the tenant. Tishman Speyer had in-house representation. The children entertainment company will move to its new location in November next year and will occupy three buildings within the campus. Yahoo previously leased the space, according to CommercialEdge. Spin Master currently occupies 70,000 square feet at 5880 Jefferson Blvd., an office complex 4 miles from The Collective.