Latino-focused ad agency Orci shifts HQ to West LA

The firm signed in The Swig Company’s 180K sf tower

TRD LOS ANGELES /
Aug.August 05, 2019 10:00 AM
ORCI CEO Andrew Orci and 3415 S. Sepulveda Boulevard (Credit: The Swing Company)
ORCI CEO Andrew Orci and 3415 S. Sepulveda Boulevard (Credit: The Swig Company)

An advertising agency focused on Latino consumers that has worked with Coca-Cola, Jack in the Box, Honda, among others, has moved out of its Santa Monica headquarters.

La Agencia de Orci & Asociados, known as Orci, signed a 15,000-square-foot lease in Palms, at 3415 S. Sepulveda Boulevard, the company said. The firm, which was founded in 1986, will be relocating from its Santa Monica location at 2800 28th Street.

The Swig Company owns Orci’s new office space, whose 12-story building spans nearly 180,000 square feet. Rates at the Class A tower hover at around $45 per square foot per year, according to listing materials.

Michael Arnold of NAI Capital represented Orci in the lease deal. CBRE represented the landlord.

In Palms, Oakmont Capital recently filed plans for a third multifamily project on South Overland Avenue. If approved, the total number of residential units would approach 400.

Orci’s new location also sits a few blocks from Culver City, which has become an attractive alternative for companies trying to avoid more expensive beachside cities like Santa Monica or Venice. Those fims have in turn been helping drive multifamily investment in the area.

Last month, developer David Neman filed plans to build a six-story rental project on Venice Boulevard.The 80-unit project would replace a car wash on a half-acre he bought for $6.7 million in 2015.


Related Articles

arrow_forward_ios
1200 W. 7th Street and 5750 Wilshire Boulevard (Credit: Google Maps)

Here are LA’s biggest office leases of 2019

Here are LA’s biggest office leases of 2019
Ty Cueva and the home (Credit: Douglas Elliman PR)

Ty Cueva is no longer asking nine figures for his Bel Air spec mansion. Just $78M

Ty Cueva is no longer asking nine figures for his Bel Air spec mansion. Just $78M
Golden Springs Business Center

Logistics firm inks big lease in Santa Fe Springs as industrial demand remains high

Logistics firm inks big lease in Santa Fe Springs as industrial demand remains high
John Legend and Chrissy Teigen (Credit: Charley Gallay/Getty Images)

John Legend and Chrissy Teigen find roomier digs in Benedict Canyon

John Legend and Chrissy Teigen find roomier digs in Benedict Canyon
Martin Muoto and 4238 S. Western Ave. (Credit: Google Maps)

Opportunity Zones developer files for South LA resi project

Opportunity Zones developer files for South LA resi project
(iStock)

SoCal home sale prices keep rising

SoCal home sale prices keep rising
California wildfires (Credit: iStock)

The latest mansion amenity: Clean air

The latest mansion amenity: Clean air
Jeffrey Katzenberg (Credit: Pascal Le Segretain/Getty Images)

Jeffrey Katzenberg downsizes to $30M Trousdale Estates property

Jeffrey Katzenberg downsizes to $30M Trousdale Estates property
arrow_forward_ios

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

Loading...