The Phelps Group, a Santa Monica-based company that has been delivering fully integrated messaging and media campaigns for category-leading brands for 34 years, has signed a $16 million, long-term lease for 30,000 square feet of office space located at 12121 Bluff Creek, Playa Vista. The new location, which the Phelps Group plans to occupy by the first quarter 2016, will serve as the company’s new headquarters.
Principals Patrick Ayau and Andrew Wilson of Lee & Associates West LA, represented the Phelps Group.
“Phelps is very excited to relocate to the white hot tech and advertising corridor of Playa Vista where the recent additions of Google, Facebook and Yahoo have created tremendous synergy,” said Ayau. Mike Geller of First Property along with Patrick Foudy and David Saeta of IDS represented the landlord, Horizon PH1 Office Holdings, an entity of JP Morgan Asset Management.
