LOS ANGELES – CBRE announced that it arranged eight office leases and one expansion for LifeStance Health, Inc., a national outpatient behavioral health clinic, across the Greater Los Angeles area in the past year.
CBRE’s Jeff Gerlach, Stan Gerlach, and Emmett Purcell represented LifeStance Health in the transactions totaling 44,516 sq. ft.
“The expansion of LifeStance to new offices across Los Angeles has been welcomed by landlords during a time of slowed office demand,” said Vice President Jeff Gerlach. “It has been a pleasure working with LifeStance to help broaden their network to provide needed clinical services to our communities.”
The leases include:
– Beverly Hills | 4,415 rentable sq. ft. at 8730 Wilshire Blvd
– Downtown Los Angeles | 4,740 rentable sq. ft. at 1127 Wilshire Blvd
– Brentwood | 3,926 rentable sq. ft. at 3201 Wilshire Blvd
– Santa Monica | 5,351 rentable sq. ft. at 1450 10th St
– Agoura Hills | 5,258 rentable sq. ft. at 5012 Chesebro Rd
– Manhattan Beach | 3,772 rentable sq. ft. at 1000 N Sepulveda Blvd
– Marina del Rey | 4,320 rentable sq. ft. at 13160 Mindanao Way
– Pasadena | 3,699 rentable sq. ft. at 675 S Arroyo Pkwy
– Burbank | 4,718 rentable sq. ft. at 191 S Buena Vista St
– Culver City | 4,317 rentable sq. ft. at 3831 Hughes Ave
“As patients continue to seek help for their behavioral health needs, both online and in-person, CBRE has been a great partner in fullilling our mission of expanding patient accesss to outpatient behavioral health services throughout the region,” said Danish Qureshi, Chief Growth Officer, LifeStance Health, Inc.
LifeStance Health is the national leader in outpatient behavioral health services, offering psychiatry, psychology and therapy services through itsteam of 2,300 + physicians, psychologists and licensed therapists. The company operates over 225 +clinical offices nationwide across 18 states, providing clinical services both in-person and via telemedicine.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
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