LOS ANGELES–(COMMERCIAL THREAD) – CIM Group announced today that it has signed a lease with Signal Brands for approximately 22,000 square feet of creative office space at its 5600 W. Adams building in the West Adams neighborhood of Los Angeles.
Signal Brands, a manufacturer and distributor of world-renowned fashion brands licensed for handbags, small leather goods, luggage and travel accessories including GUESS, Nine West and Steve Madden Australia, relocates its headquarters from Los Angeles to West Adams. Signal Brands also has offices in New York, Italy, Hong Kong and Australia.
âAfter many years in downtown LA, Signal Brands is excited to relocate to 5600 W. Adams. Our new creative office space in this vibrant and flourishing neighborhood is a perfect fit for our brand and a perfect fit with our needs as we mark the next phase of business growth, âsaid Jason Rimokh, CEO of Signal Brands.
The CIM Group’s internal leasing team handled the transaction. Signal Brands was represented by King Shleifer, Bart Pucci and William Tittmann of Savills.
The all-new, approximately 30,000 square foot creative office building features open floor plates with exposed ductwork, high ceilings, floor to ceiling windows and spacious outdoor patios. Signal Brands joins entertainment law firm Donaldson Callif Perez at 5600 W. Adams, bringing the property to 100 percent leased shortly after CIM Group receives the certificate of occupancy.
Located on a highly visible stretch of West Adams Boulevard between South Fairfax Avenue and Hauser Avenue, 5600 W. Adams is located in one of Los Angeles’ most desirable neighborhoods, a booming neighborhood with dining options and eclectic entertainment. The property sits in a transit-oriented hub near I-10 and California State Route 187, providing easy access to West Los Angeles, Culver City, Beverly Hills, Hollywood, and Downtown LA, and is served by the Metro E line and the upcoming Crenshaw / LAX Rail on Exposition Boulevard and Crenshaw Boulevard.
For more than 25 years, the CIM Group has used its vast expertise to own, develop, reposition and operate real estate assets, transforming communities and creating dynamic environments across the Americas.
About the CIM Group
CIM is a community-driven owner, operator, lender and developer of infrastructure and real estate. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by completing more than $ 60 billion in critical real estate and infrastructure projects. CIM’s diverse team of experts apply their vast knowledge and disciplined approach to the hands-on management of real assets, from due diligence to transactions to divestiture. CIM strives to make a meaningful difference in the world by implementing key environmental, social and governance (ESG) initiatives and improving every community in which it invests. For more information, visit www.cimgroup.com.