Lincoln Property, SVP Complete Redevelopment of The Bluffs Office Campus in Playa Vista

Lincoln Property, SVP Complete Redevelopment of Playa Vista Creative Campus
CRE Market Beat Take
Early leasing by brand-name tenants at this large Class A Playa Vista campus suggests that well-capitalized repositionings can still capture demand in key West Los Angeles submarkets.

Lincoln Property Company and Strategic Value Partners, LLC have completed the redevelopment of The Bluffs at Playa Vista, a Class A creative office campus within Playa Vista’s live-work-play community. The campus totals approximately 500,000 square feet of office space and has been repositioned as one of the larger contiguous Class A offerings in West Los Angeles.

Prior to the completion of the repositioning, more than 57,000 square feet of new leases were executed at The Bluffs. The Honest Company committed to a 38,240-square-foot headquarters relocation at the property, while Thrive Causemetics signed a 19,076-square-foot office lease. These transactions were completed in advance of the redevelopment work being finished.

Rob Kane, senior EVP at Lincoln Property Company, described The Bluffs as a compelling opportunity to reimagine a large-scale asset in a best-in-class Playa Vista location with strong existing fundamentals. He noted that the campus stands out as one of the largest contiguous Class A offerings in West Los Angeles, enhancing its profile within the local office market.

The redevelopment focused on comprehensive capital improvements to the two-building campus. According to Lincoln, the project adopted a hospitality-inspired approach, emphasizing upgraded shared spaces and strengthening the connection between indoor and outdoor environments. The goal was to create a workplace experience aligned with Playa Vista’s identity as an innovation-driven community.

The Bluffs is located at 12121 and 12181 Bluff Creek Dr. and is configured as a creative office campus with flexible, dual-core floor plates. Individual floor plates at the property can accommodate up to 50,000 square feet of space, offering larger users the ability to occupy significant contiguous blocks within the project.

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