WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Leading health insurance plan provider Anthem Blue Cross is relocating to Campus @ Warner Center, a groundbreaking office project in the San Fernando Valley and one of just a dozen new institutional-caliber office developments built in Los Angeles in the last decade.
Co-owned by Lincoln Property Company and Angelo, Gordon & Co., Campus @ Warner Center is comprised of two six-story Class A office buildings located at 21255 and 21215 Burbank Blvd. Anthem has signed a long-term lease for more than 169,000 square feet of office space at 21215 Burbank.
“Anthem Blue Cross is an industry giant and we are thrilled they have found a home in Campus @ Warner Center,” said Stephen Lindgren, vice president of Lincoln Property Company. “Our high-quality facilities and leading amenities will serve the Anthem team well and we are excited to welcome them aboard.”
Located in the heart of the Warner Center master-planned campus in Woodland Hills, Campus @ Warner Center features state-of-the-art technology and energy efficiency systems that are unparalleled within Warner Center, including redundant fiber optics for fail-safe networking and digitally controlled heating and air conditioning systems. The buildings also feature large floor plates and building top signage.
On-site amenities include a tenant-designed fitness center with group fitness classes, a cafeteria, basketball court, data center and several nearby dining options.
Corey Davidson, Liron Nelik, and David DiPietro of Savills Studley represented Anthem Blue Cross in the transaction. Kent Handleman led the negotiations for Lincoln Property Company.
About Lincoln Property Company
Lincoln Property Company, founded in 1965 by its chairman Mack Pogue, is a privately-owned real estate firm involved in real estate investment, development, property management and leasing worldwide. Lincoln has offices in all major markets of the U.S. and throughout Europe. Lincoln’s cumulative development efforts have produced over 130 million square feet of commercial space and over 212,000 multifamily residential units. Lincoln Property Company is the second largest apartment manager in the United States. Access www.lpcwest.com for more information.
About Angelo, Gordon & Co
Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988. The firm currently manages approximately $28 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 450 employees, including nearly 170 investment professionals, and is headquartered in New York, with associated offices elsewhere in the U.S., Europe and Asia. For more information, visit www.angelogordon.com.