The Real Deal Los Angeles

Yet another creative office campus is in the works in Playa Vista

Brentwood Capital Partners is spearheading $9M conversion

April 28, 2016 01:00PM

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(credit: Brentwood Capital Partners)

Rendering of the project planned for 1811-11821 Teale Street in Playa Vista (credit: Brentwood Capital Partners)

Talk about deja vu. Yet another creative office campus is coming to Playa Vista.

A trio of industrial buildings at at 11811-11821 Teale Street will be converted by Brentwood Capital Partners.

Brentwood has dubbed the $9.1 million project the Hangars at Playa Vista. Upon completion, it will offer a total of 22,400 square feet of leasable space, Urbanize reported. Renderings from architecture firm SAA show structures with semicircular rooftops and high, open ceilings.

The three industrial buildings were constructed between 1947 and 1951. According to Dekel Capital, the merchant bank that secured financing for Brentwood, the structures were manufacturing support facilities for the Howard Hughes Aerospace facility nearby.

Brentwood, based in Santa Monica, focuses on office and retail properties across California, as well as in Denver and Las Vegas.

Completion of the Hangars is slated for later this year. [Urbanize]Cathaleen Chen