United Talent Agency Secures Long-Term Future in Beverly Hills Headquarters

United Talent Agency has signed a new long-term lease for its Beverly Hills headquarters. The deal was confirmed by the building’s owner, DivCore Capital. This move ensures UTA remains the sole tenant of the prominent Civic Center Drive complex.

The agency has occupied this location since 2012. Its decision to stay signals strong commitment to its established base of operations. According to Reuters, such long-term corporate real estate deals reflect confidence in the local economy.

Expansive Campus and Significant Investment

UTA occupies two connected four-story buildings. The total space spans 192,000 square feet. The complex was originally the headquarters for Hilton Hotels.

The agency undertook a major renovation upon moving in. Architecture firm Rottet Studio led the project. Reports at the time estimated the renovation costs at around $30 million.

Strategic Positioning in a Competitive Landscape

This renewal comes as rival agencies also solidify their real estate plans. WME Group recently extended its lease at 9601 Wilshire Blvd. Creative Artists Agency plans to relocate to a new Century City tower in 2026.

UTA’s strategy involves a strong physical presence. The agency has expanded its footprint significantly in recent years. It has opened new offices in key markets like Nashville, Atlanta, and London.

UTA’s renewed lease solidifies its position as a major player in the entertainment industry. The long-term commitment to its Beverly Hills headquarters provides stability for future growth. This decision underscores the enduring importance of a centralized, strategic base for top-tier talent representation.

Thought you’d like to know

How long has UTA been at its current location?

United Talent Agency first moved to the Civic Center Drive complex in 2012. It signed a 15-year lease at that time. The new deal extends its tenancy for the long term.

Who owns the UTA headquarters building?

The building is owned by the investment firm DivCore Capital. The firm acquired the property in 2018. They confirmed the new long-term lease agreement with UTA.

What other cities does UTA have offices in?

Beyond Los Angeles, UTA has offices in New York, Nashville, and Atlanta. It also has an international presence in London. Its acquisition of Medialink added a Chicago office.

How does this affect UTA’s competitors?

This move maintains the status quo among the major agencies. WME is staying in its current location. CAA is the only one planning a physical move to a new tower.

What was the building before UTA moved in?

The complex originally opened in 1985 as the corporate headquarters for Hilton Hotels. It was designed as a corporate campus. UTA became its sole tenant in 2012.

Trusted Sources

Reuters