Netflix Inks Deal to Take Over Office Tower in Hollywood

The Real Deal: Netflix has pre-leased the entirety of the Icon office building under construction in Hollywood. Last year, Netflix leased 200,000 square feet of the building at 5800 West Sunset Boulevard. Earlier this month, Netflix executed an additional 10-year lease for the remaining five floors of Icon, or another 123,000 square feet. Icon is now 100 percent pre-leased. Netflix would pay the highest rent in Hollywood with its original lease.