Real Estate:
February 7, 2011
By: Howard Fine

Pierpoint Pacific, the only office building constructed in Santa Monica in the last 10 years, is finally about to be filled.

... Owner Realty Bancorp Equities announced last week that it signed British film production company GK Films to a 10-year, $16 million deal for 28,350 square feet of space on the second floor of the three-story building, which features private balconies with ocean views and is directly across Second Street from the recently renovated Santa Monica Place.

With the exception of 3,500 square feet of restaurant space on the ground floor, the Class A office building is completely leased. What’s more, GK Films, which is set to move in this spring, beat out two other prospective tenants. ...

... GK Films was represented by Jeff Cowan and Jessica Foldes, both in the West L.A. office of Studley.

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