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Ticketmaster Coming Back to WeHo, Signs Lease at The Lot

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The Big Ticket: Live Nation Signs to 98K SF at CIM’s New West Hollywood Campus

WEST HOLLYWOOD (Commercial Observer) — CIM Group has got the ticket to ride in West Hollywood.

The Los Angeles-based developer signed Live Nation ’s Ticketmaster to its under-construction Courtyard Building at The Lot office complex, CoStar reported. The ticket sales company will take up all 98,000 square feet at 1041 Formosa Avenue in November 2020.

The terms of the deal were not disclosed. CIM Group declined to comment. Live Nation did not return requests for comment.

The agreement marks the largest lease by square footage in the West Hollywood and Hollywood areas in 2019, and it ranks as one of the 20 largest leases in L.A. County since January, CoStar reported.

The Courtyard, which is the third and final structure of The Lot, is expected to be completed in February. Ticketmaster plans to relocate from the space it currently leases in Hollywood, which includes the […]

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