Deloitte Moving Manhattan Beach office to El Segundo

Accounting giant Deloitte will decamp from its Manhattan Beach office and move to El Segundo, a spokesperson for Deloitte told The Real Deal.

“We remain committed to our multi-office strategy in L.A.,” the spokesperson said. She did not respond to further questions about the current and future spaces.

Deloitte signed a long-term lease for 81,300 square feet across all two floors of Continental Development’s 2201 Rosecrans Avenue, the former headquarters of National Veterinary Associates, according to multiple sources with knowledge of the deal.

The length of the lease and asking rents at the recently redeveloped South Bay property are unclear. A spokesperson for Continental did not respond to requests for comment.

Information about Deloitte’s Manhattan Beach office wasn’t immediately available.

Cushman & Wakefield’s Bradley Gross, who arranged the deal for Deloitte, declined to comment.

Deloitte also has an office in the Gas Company Tower at 555 West 5th Street in Downtown L.A.

The Downtown neighborhood has been the accounting firm’s home base in the region for at least 27 years. It signed on for 343,000 square feet at Two California Plaza in 1998 and moved into 13,000 square feet at the nearby Gas Company Tower in 2014, as the Los Angeles Times previously reported.

Deloitte is keeping its DTLA property, the Deloitte spokesperson said, on a lease until 2031.

The L.A. County Board of Supervisors voted to purchase the Gas Company Tower at 555 West 5th Street last November for $200 million, or about $137 per square foot, after Brookfield defaulted on its $465 million debt tied to the property in 2023.

Correction: This story has been amended to reflect that Deloitte is moving its Manhattan Beach office to El Segundo.