A successful courtship: Tennis Channel moving into former IMAX digs in SaMo

Beachbody is subleasing the space to the network

Mar.March 20, 2018 05:00 PM
Tennis Channel’s CEO Ken Solomon, with Lantana Center in Santa Monica (Lantana)

Tennis Channel is in advanced discussions to lease roughly 50,000 square feet at the Lantana Center in Santa Monica, The Real Deal has learned.

The network would move into the space at 3003 Exposition Boulevard that was originally leased by Beachbody, a fitness marketing firm.

Beachbody signed a 69,000-square-foot lease at the former IMAX building in May 2016. The company never moved in, and the space has been available for sublease for over a year, sources said.

It is unclear whether Tennis Channel will be leasing the entire Beachbody space.

Representatives from the Tennis Channel and Beachbody did not immediately respond to requests for comment. Leasing brokers Jeff Pion, Blake Mirkin, Michelle Esquivel and Richard Radner of CBRE, as well as the property landlords, could not be reached.

Artisan Partners and Brightstone Capital Group own the 484,840-square-foot office campus, purchased in October 2016 for a cool $400 million. The transaction was one of the priciest deals on the Westside at the time. The recently renovated, four-building office campus is also leased by Dick Clark Productions and a few post-production companies.

Tennis Channel, a Sinclair Broadcast Group subsidiary, is a premium cable network that also offers live streaming and on-demand programming. Its current office is at 2850 Ocean Park Boulevard in the Santa Monica Business Park, a Blackstone Group-owned property that has been on the market since June.

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