Silicon Beach has a new resident: Cedars-Sinai, which just signed an 11-year lease at Runway Playa Vista for the entire 32,000-square-foot Class A commercial office space, with plans to open by the end of next year.
The new space at Runway will extend primary care and specialty health care services to people living and working throughout the adjacent communities of Culver City, Mar Vista, Marina del Rey, Playa del Rey, Playa Vista, and Westchester.
Construction will transform the second, third and fourth floors of Runway into high-quality medical office space leased by Cedars-Sinai, which will be an anchor for the new mixed-use lifestyle center. The medical offices will be located above Runway’s popular shops and restaurants, many of which have recently opened, including Whole Foods Market, Starbucks and CVS/pharmacy.
Todd Doney and Chris Isola of CBRE represented Cedars-Sinai Medical Group in the transaction. Kent Handleman and Robert Hook led the negotiations for Lincoln Property Company.
