Activision Publishing Inc., the video game publisher owned by Activision Blizzard, is based in the Pen factory Santa Monica office learned about Commercial Observer.
Sources said it was a sublet with Dragon Pharma – heard Gilead Sciences – for almost 90,000 square meters. An Activision spokesman confirmed that the headquarters are moving to the pen factory but did not confirm the size of the space or the sublease agreement. Landlord, Lincoln Property Company (LPC) West, was not available for comment.
Activision Blizzard is a publicly traded company that is behind popular video games such as. stands Call of Duty, Tony Hawk‘s video game series and Guitar hero. Earlier this year, the parent company and its studio development arm, Treyarch, vacated its 214,864 square foot headquarters in Santa Monica, about 1.3 miles from the Pen Factory, on property owned by Boston real estate. (This room was filled by Snap Inc. shortly thereafter.)
In June, health company GoodRx signed for 130,000 square feet on the office campus of the Pen Factory, which is now fully let. LPC West has converted the 222,000 square meter area into 2701 Olympic Boulevard in 2017. It borders the Oracle Santa Monica Hub and near offices for businesses like Yahoo !, CBS, Hulu and Universal music group.
Los Angeles’ Westside has attracted much of the county’s top leasing activity this year. For example, year and Hulu both signed or expanded their premises with Boston Properties. Colorado Center Santa Monica campus, consistently one of the county’s tightest, highest performing markets.
Gregory Cornfield can be contacted at [email protected].