Law firm Stutman Treister & Glatt will remain in its Century City headquarters offices another decade. Stutman Treister, a boutique firm that focuses on bankruptcy law, signed a 10-year deal to renew its 25,000 square feet on the 12th floor of 1901 Avenue of the Stars with landlord Douglas Emmett. Financial terms were not disclosed.
The firm moved into the building in 2002 and is maintaining the amount of square feet it occupies. Bob Safai, founding partner at Madison Partners who represented the tenant in the deal, that the company likes the location and the building so it decided to stay put.
“It’s a win-win transaction,” he said. “They love the building and the landlord gave them a good deal and treated them well in the renewal.” The 492,000-square-foot building is nearly fully leased. It’s next to Westfield Century City Mall and is home to several legal tenants including Allen Matkins Leck Gamble Mallory & Natsis and Sheppard Mullin Richter & Hampton LLP. Madison’s Brad Feld and Steve Salas also represented the tenant. The landlord was represented in-house by Rob Zaas.