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

Beachbody is subleasing the space to the network

Los Angeles /
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.


Related Articles

arrow_forward_ios
Neil Shekhter (Shekhter by Kevin Scanlon; iStock)
Santa Monica mega-portfolio officially hits market
Santa Monica mega-portfolio officially hits market
NMS Properties' Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC)
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
Neil Shekhter of NMS Properties, who is involved in the lawsuit. (Kevin Scanlon)
Landlords sue Santa Monica over “arbitrary” ban on short-term rentals
Landlords sue Santa Monica over “arbitrary” ban on short-term rentals
HomeLister CEO and Co-Founder Lindsay McLean (LinkedIn)
HomeLister property-selling platform raises $4.5M in seed funding
HomeLister property-selling platform raises $4.5M in seed funding
Colorado Campus at 2041-2115 Colorado Avenue and Northwestern Mutual CEO John E. Schlifske
Northwestern Mutual picks up Santa Monica office campus for $166M
Northwestern Mutual picks up Santa Monica office campus for $166M
Macerich CEO Thomas O’Hern and Santa Monica Place mall
Here’s what tenants are paying at Macerich’s Santa Monica Place
Here’s what tenants are paying at Macerich’s Santa Monica Place
CEO of Amazon Web Services Andy Jassy
A top Amazon exec buys in Santa Monica
A top Amazon exec buys in Santa Monica
WS Communities CEO Scott Walter and VP of Finance Gregory Proniloff, Madison Realty Capital’s Josh Zegen, 1433 Euclid Street in Santa Monica; and rendering of mixed-use project at 3030 Nebraska Avenue in Santa Monica (Credit: Google Maps and Madison Realty Capital)
WS Communities nabs $150M loan for six renovations and a development site
WS Communities nabs $150M loan for six renovations and a development site
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...