LOS ANGELES and HOLLYWOOD, Calif., Nov. 17, 2016 /PRNewswire/ -- The Souferian Group, a Los Angeles-based real estate development firm founded by Behzad Souferian, today announced the unveiling of its innovative brand concept, "Be," which will be implemented at its Class A office building at 1800 N. Highland Ave. Located at the gateway to Hollywood's world-renowned entertainment district, Be has resonated with tenants, with more than 50 percent of the leasing rollover completed—including a new lease with Live Nation Entertainment, which comes on the heels of the recently completed full-floor lease with Soothe, an on-demand app-based massage company. Live Nation, the global leader for live entertainment which operates in more than 37 countries, has secured two full floors totaling more than 25,000 square feet, prior to the completion of the building repositioning. The terms of the transaction were not disclosed.
The new Be brand will seamlessly blend thoughtfully curated elements of office, hospitality and a best-in-class lifestyle into a holistic environment set to redefine the workplace.
"The execution of the lease with Live Nation reinforces our plan to be a catalyst for a radical shift in the way office environments serve their tenants," said Souferian. "Our vision is to deliver office environments infused with hospitality components, an unexpected design aesthetic and amenities that exceed the high level of excellence exemplified by tenants like Live Nation."
Due to the appeal of the Be concept, Live Nation joins a number of innovative companies at 1800 N. Highland, including on-demand app-based massage company Soothe and Sean Combs' music cable network Revolt TV.
The seven-story, 88,000-square-foot 1800 N. Highland property is undergoing a transformation that will bring the flagship of Be to life. The entrance of the building will include a custom canopy complete with valet services, reminiscent of the arrival experience found at boutique hotels. Tenants will enter through double glass door lobbies which will be revamped to serve as tenant lounges in the style of a well-heeled hotel. The pet-friendly building will also include communal landscaped courtyards modeled after high-end single family residences, outdoor gathering spaces and thoughtful floor plans with bespoke designer finishes. Tenants will have a variety of curated lifestyle amenities at their disposal, such as a concierge, room service-inspired deliveries and Be-branded bikes for tenants' midday errands. Be tenants will also be granted membership to Be Benefits, an exclusive program of partner discounts, special offers and inside-the-ropes access to some of the most sought-after establishments.
"Nine-to-five is dead, so our vision is to develop new office environments that inspire people. Be is truly the next chapter of office, delivering a fascinating value proposition for those who seek more from their work environments," said Souferian. "In the commercial office sector, properties are typically identified by either their address or most prominent tenant. Through Be, we are giving a face and an identity to office properties that extend far beyond traditional labels."
The first development of its kind for the brand, The Souferian Group has plans to expand the Be concept to other major metropolitan cities across the nation. Projects are slated for New York, Miami, Chicago, San Diego and San Francisco.
For more information on Be, please visit www.BeByTSG.com
Hi-res renderings available here, please credit Rios Clementi Hale Studios.
About The Souferian Group:
Founded by Behzad Souferian, The Souferian Group is a best-in-class, fully-integrated real estate development, investment and advisory company. The company is committed to creating value through a strategic plan dedicated to developing distinctive branded and designed lifestyle properties. The Souferian Group's successful track record spans acquisitions and developments in residential, retail, office and mixed-use properties. The privately held company acquires and develops projects through its own direct investments or joint venture partnerships. For more information on The Souferian Group, please visit www.TheSouferianGroup.com
SOURCE The Souferian Group