Culver City Office Complex Lands $3.1 Million Long-Term Lease with Ipsos

CULVER CITY -- A Culver City office complex has signed a 7.5-year lease to a subsidiary of European-based market research firm Ipsos, it was recently announced.

The deal, which will take up 11,000 square feet of the 200-300 Corporate Pointe campus, is worth $3.1 million. Ipsos Insight, a subsidiary of Ipsos, will take up half the space on the fifth floor.

“Culver City is quickly emerging as one of the fastest-growing, most dynamic tech and creative markets in southern California, attracting a number of businesses in the digital media, entertainment and technology industries,” said Michael Cho, President of Olive Hill Group, which owns the spaces. “Fueled by explosive growth in these industries, the Lower Westside office market continues to attract demand from major players in the digital sphere, including research firms such as Ipsos, which is a creative leader in the market research industry.”

With this deal, the 200-300 Corporate Pointe campus will be 92 percent occupied. Olive Hill Group bought the two-building office complex about six months ago for $65.6 million. The group plans to redesign the central courtyard and upgrade the interior and exterior of the buildings.

The complex is located on the east side of the 405 Freeway and has easy access to Playa Vista and Silicon Beach.

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