Miro Signs 7K SF Lease for US Headquarters in the Arts District

Russia-based collaboration platform Miro has signed a lease for 7,178 square feet at ROW DTLA in the Arts District. It will be the group’s U.S. headquarters.

Newmark Knight Frank announced the lease July 9. NKF’s Ryan Harding represented Miro. CBRE Group Inc. represented the landlord, Atlas Capital.

Harding said in a statement that Miro selected the location “because of its constantly expanding amenity base, the proximity to talent throughout the city and the overall quality of the recently renovated project.”

Terms of the lease were not disclosed, and the announcement did not say what date Miro would move into the space.

During the second quarter of the year, asking rates downtown were $3.83 a square foot, according to data from Jones Lang LaSalle Inc., which would value the lease at roughly $330,000 a year.

Miro isn’t the only company interested in ROW DTLA. Ghost Management Group, which runs weedmaps.com, has signed a lease for a 115,000-square-foot office at the complex, according to an announcement last month.

ROW DTLA has nearly 2 million square feet of space in six buildings, including 1.3 million square feet of creative office space.

Commercial real estate reporter Hannah Madans can be reached at hmadans@labusinessjournal.com. Follow her on Twitter @HannahMadans