The music-streaming service wants to move into 100,000 square feet in At Mateo, a mixed-use space originally billed as an open-air mall. Spotify leases over 8,000 square feet in West Hollywood, so this new space represents a big expansion.
At Mateo’s office space is in demand. Soylent, which makes meal replacements, signed a lease in March for 29,000 square feet of space in the development. The University of Southern California’s design school is reportedly leasing 15,000 square feet in the project at 555 Mateo.
Not bad for a development that has yet to open to the public.
The project’s brick warehouse-style buildings were originally supposed to hold 125,000 square feet of retail and 50,000 square feet of creative office space.
But project owners Blatteis & Schnur and ASB Real Estate Investments “quietly changed the project mix to about 50 percent creative offices and 50 percent retail,” The Real Deal reported at the time of the Soylent lease.