UPDATED, Friday, March 23, 2018, 1:10 p.m.: NationBuilder, a software platform that coordinates and publicizes political and activist campaigns, has put its 55,000-square-foot Downtown Los Angeles office on the market for sublease, The Real Deal has learned.
Rents at the newly built space at 520 S. Grand Avenue clock in at $3.00 per square foot, according to listing materials from commercial brokerage Cresa. The existing lease with NationBuilder extends until January 2025.
The Los Angeles-based technology firm will be moving into a smaller space, according to listing broker Dennis Smith. He is sharing the listing with Griffin Farriss of Cresa.
In an emailed statement, NationBuilder said the company was still expanding and hiring new people. Its decision to sublease, it said, was to “explore sharing the many thousands of square feet we’re not using with those who need it.
Dubbed “leadership software,” NationBuilder says it provides a one-stop shop for individuals and organizations involved in political campaigns. It handles social media, mass communications, events, donations, and even provides voter data, for clients. NationBuilder claims to have helped raise more than $690 million in 2017 for numerous campaigns.
In 2016, one of those campaigns it helped was for candidate Donald Trump.
The firm gained some level of notoriety for that, after chairman and founder, Jim Gilliam, boasted about how NationBuilder helped Trump win the presidency. Gilliam is an anti-war activist and is not a Trump supporter, according to a Bloomberg article about company’s role in the election.