Friday, February 11, 2011
CENTURY CITY, CA, Feb. 11, 2011 — Jones Lang LaSalle represented Kayne Anderson Rudnick in a 16,900-square-foot lease renewal at Gateway East, (top left photo) a 13-story, 286,000-square-foot, Class A office property located at 1800 Avenue of the Stars in Century City, Calif.
Jones Lang LaSalle’s team of Managing Directors John Ghiselli, Mike McRoskey and John McRoskey represented Kayne Anderson Rudnick in the transaction. The property owner, Topa Management Company, was represented in-house by Darren Bell.
“The current economic conditions and our knowledge of local market dynamics allowed Jones Lang LaSalle to negotiate terms enabling Kayne Anderson Rudnick to keep its rent very competitive, extend its lease term and provide for future flexibility,” said Ghiselli.
Kayne Anderson Rudnick Investment Management is a registered investment advisor based in Los Angeles, California with approximately $5 billion in assets under management.
Founded in 1984, their clients include affluent individuals, endowments, foundations, corporations, public funds, and pension plans for who it manages a range of portfolios having a common disciplined, high-quality investment philosophy.
For more information, please visit our website, http://www.kayne.com/
Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351, (c) 949.278.785, firstname.lastname@example.org