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.
