Mattel, the toy manufacturer behind major brands such as Barbie and Hot Wheels, improves its real estate interests, moves its studio operations and its design center in new houses.
The company, whose headquarters are in El Segundo, plans to move its studio operations to a recently renovated building of 60,000 square feet by 2025. Mattel signed a multi -year contract to rent the office space at 831 S. Douglas St.
Mattel plans to move its studio operations to a recently renovated building of 60,000 square feet by 2025.
(Gracious continental development corp.)
The building, located near the current headquarters of Mattel on Continental Boulevard, includes studios that the company will use to take photos and videos to promote its products, as well as a patio that has households and barbecue and kitchen areas. The building is close to other amenities, including restaurants, a high -end sports club, hotels and stores. Over the past 30 years, Mattel has absent its studio operations on her campus, which includes several buildings.
The real estate agreement is part of Mattel's efforts to reorganize its office space, because the company aims to strengthen productivity and creativity to the workplace as well as to attract new employees. While workers are starting to return to the office after the Pandemic Covid-19, companies are trying to make the office more attractive for employees who have been used to working remotely.
The interior of a Mattel building moves its studio operations at 2025. Mattel signed a multi -year contract to rent the office space at 831 S. Douglas St.
(Gracious continental development corp.)
The industrial building, which is part of the Continental Park campus of Continental Development Corp., has recently been transformed to include a studio production area to meet the creative needs of Mattel.
“Employers have endeavored to provide reasons with their employees to want to return to the office and to interact with their peers,” said Bob Tarnofsky, executive vice-president of real estate with continental development. ” The amenities they provide are much greater than what we have generally seen early. »»
While employers are rethinking the future of work, it is not uncommon for companies to sign short -term leases, said Tarnofsky. Mattel, however, signed a long -term lease. He refused to say how much Mattel paid the lease and how long it lasts.
A patio with homes is among the amenities of the building.
(Gracious continental development corp.)
This year, Mattel has also announced that it would move its design center, which has been located on Mariposa Avenue for more than three decades, in a building recently renovated in 2026. The center, where employees designed hair, clothes and other games of toys, the office space of 167.767 square feet known as Nash + Life Insurance.
“We are embarking on an important interior modernization of our head office building at 333 Continental Boulevard, imbued with the same design principles and inspired by the modernization of offices in the offices of Mattel around the world,” said David Traughber, Mattel's main vice-president of finance and world real estate chief.
Buildings that currently house Mattel's Studio Operations and Design Center are installations rented by the company.
In December 2023, Mattel had around 33,000 workers in more than 35 countries around the world, according to the company's annual report. The company has around 2,000 workers in El Segundo and offers its employees a hybrid work environment.
