Global Financial Firm Renews in West LA
Guggenheim Partners, a privately held company with over $180 billion in assets under management, decided to stay in its 12,000 SQFT office space at 100 Wilshire Boulevard. GP will pay landlord, Douglas Emmett, $5.55 PSF (up from $3.55 starting rent in 2008) with escalations of 4% per year for 7 years plus 2 months of free rent for the class A building.
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