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Lionsgate Subleasing Signals Growing Struggle for California Coastal City’s Office Market

Entertainment Production Company Shedding Space at Headquarters Building in Santa Monica, California

Lionsgate's corporate headquarters occupies most of this Santa Monica, California, office building. (Getty Images)
Lionsgate's corporate headquarters occupies most of this Santa Monica, California, office building. (Getty Images)

Film and TV producer Lionsgate put a large chunk of office space at its Santa Monica, California, headquarters up for subleasing, a sign that media and tech office demand in coastal areas of greater Los Angeles is suppressed even as production-focused space development starts to ramp up in the region.

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