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Kilroy Realty signs Netflix to 355,000 square feet at Hollywood office project

Kilroy Realty Corp. signed Netflix Inc. to about 355,000 square feet at its Academy on Vine project in Hollywood, Calif.

The mixed-use project on 3.5 acres comprises an under-construction, three-building office component and a 193-unit, 20-story residential building, construction of which is expected to begin this year.

The Netflix lease will commence in phases once the office component is completed, starting in mid-2020. The project is also expected to receive Leadership in Energy and Environmental Design, or LEED, Gold certification.