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Real Estate/Development

Feb. 23, 2012

DIRECTV lease

The lease, which was closed in November, is part of DIRECTV's effort to consolidate and increase productivity by centralizing offices.


Encompassing 630,000 square feet, and valued at more than $400 million, lawyers described DIRECTV Inc.'s 15-year lease for its corporate headquarters in El Segundo as "once in a career."


"As far as real estate deals go they don't get much bigger, or more important," said Delmar Nehrenberg, a partner with Allen Matkins Leck Gamble Mallory & Natsis LLP in Century City, who represented property owner Kilroy Realty Corporation in the t...

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