Gossip Brand TMZ Joins Westside Office Boom
6:00 AM PST 2/28/2012 by Daniel Miller
Vacancy plunges, rents move up as tech firms contribute to leases "straight out of 2006."
The entertainment office market in Los Angeles is in the midst of a big comeback after several years of stagnation. Just ask Warner Bros., which recently struck a $20 million, 11-year lease in Burbank for its television marketing division and is nearing a deal for TMZ's new Westside headquarters.
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