The NFL Media has scored a lease extension for its Culver City offices.
The sports network extended the term on its existing lease until 2021, stifling rumors of a possible departure to Inglewood. Hudson Pacific Properties is the building owners.
The deal was announced during Hudson Pacific’s fourth quarter earnings call on Wednesday.
Victor Coleman, chairman and CEO at Hudson Pacific, called the extension “the biggest deal in the quarter.”
NFL Media occupies 170,000 square feet across two buildings located at 10950 and 10900 Washington Boulevard. It broadcasts “NFL Total Access,” NFL Films, NFL Mobile, NFL Now and RedZone from two sound stages found on the property.
Representatives from Hudson Pacific and the NFL did not immediately respond to requests for comment.
There were rumblings the NFL would make a dash south to Inglewood, where the $2.6 billion stadium that will house the Los Angeles Rams and Chargers is being built.
The 3 million-square-foot project is said to be the costliest NFL stadium ever built and the largest stadium in professional football. Facing several delays, it will now open at the start of the 2020 season.
Apple and Amazon will be joining the NFL in Culver City in the next few years. Apple recently agreed to lease the entirety of Lincoln Property Co.’s 8777 Washington Boulevard, located on the same block as Hudson Pacific’s site. Amazon is also planning a move the growing tech hub. The e-commerce giant has agreed to lease Hackman Capital Partners’ Culver Steps at 9300 Culver Boulevard, which is located directly across the iconic — and also Amazon-leased — Culver Studios.
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