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LPC West, Clarion Partners plan 150k sf office complex in Culver City

Joint venture, which hopes to lure a single tenant, purchased the site in 2019 for $32.6M

<em>LPC West Executive Vice President Rob Kane, Clarion Partners CEO David Gilbert and renderings of the project (LPC, Clarion, Gensler)</em>
LPC West Executive Vice President Rob Kane, Clarion Partners CEO David Gilbert and renderings of the project (LPC, Clarion, Gensler)

A joint venture between LPC West and Clarion Partners is planning another office project in Culver City.

The developers have tapped architecture firm Gensler to design a four-story, 150,000-square-foot complex on a 1.1-acre site spanning 3817, 3835 and 3855 Watseka Avenue, according to the Los Angeles Business Journal.

LPC West — the West Coast arm of Dallas-based Lincoln Property Company — and Clarion purchased the site in early 2019 for $32.6 million. It is currently home to a small commercial building and adjoining parking lots.

The developers are seeking entitlements for the project and hope to break ground next year, with a long-term goal of leasing the building to a single office tenant.

Gensler’s design mimics the layout and character of industrial creative office conversions. It includes a largely open floor plan, high ceilings, large glass windows and the use of timber for a “classic, creative and industrial feel,” said LPC West executive Rob Kane.

The building will also feature a glass-paneled, sawtooth roof — a centuries-old design first used in factories to admit even light into large spaces while avoiding direct sunlight.

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LPC West and Clarion have previously partnered on other large projects in Culver City.

Last year, the developers paid $169 million for the 7-acre Jefferson Creative Campus across town in an Opportunity Zone near Baldwin Hills. It was the third-largest office investment sale in L.A. County last year.

In March, the pair announced plans to more than triple the office space there with the addition of a 329,000-square-foot building.

LPC West and Clarion have also nearly completed their 128,000-square-foot office complex at 8777 Washington Boulevard, which is fully preleased to Apple.

That lease is the first component of a wider expansion for Apple in the Westside city — the company earlier this month announced plans to build 500,000 square feet of additional office space in the immediate area.

[LABJ] — Dennis Lynch 

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