Honest Company leases 38,240 sq ft office space in Playa Vista for 10 years

The Honest Company executed a lease agreement for approximately 38,240 rentable square feet on the fifth floor of The Bluffs office development in Playa Vista, California, with a 10-year term commencing March 1, 2027. The lease includes annual base rent ranging from $1.6 million in year one to $4.2 million in year ten, representing a significant real estate commitment for the consumer goods company's operations.