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Merger of Tom Hanks and Shonda Rimes’ Talent Agencies Could Take Another Bite Out of Demand in LA Office Enclave

CAA’s Planned Acquisition of ICM Partners May Boost Already Growing Office Vacancy in LA's Century City
Creative Artists Agency's main headquarters is at 2000 Avenue of the Stars in Century City. (CoStar)
Creative Artists Agency's main headquarters is at 2000 Avenue of the Stars in Century City. (CoStar)
CoStar News
October 6, 2021 | 6:22 P.M.

The pending merger of two powerful Hollywood talent agencies could accelerate the growing surplus of office space in Century City, one of Los Angeles’ most prominent office districts, at a time when demand for office real estate has already been reduced thanks to the ongoing pandemic.

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