Premier Workspaces renews, expands Sherman Oaks office

Premier Workspaces signed a new 10-year lease and expanded its flexible office center at Valley Executive Tower in Sherman Oaks, growing the location to 12,523 square feet. The move adds more turnkey workspace in a key San Fernando Valley business corridor as demand for serviced offices stays strong.

Why it matters: - The new lease locks Premier Workspaces into Sherman Oaks for another decade. - The expansion increases flexible office supply in a prime suburban market where companies are still seeking shorter commitments and move-in-ready space. - The location’s central access to Ventura Boulevard and the 101 and 405 freeways strengthens its appeal to professional service firms and growing businesses.

What happened: - Premier Workspaces renewed and expanded its long-standing location at Valley Executive Tower, 15260 Ventura Boulevard, Suite 1200, in Sherman Oaks. - The company signed a new 10-year lease. - The expanded center now totals 12,523 square feet. - The location sits in one of Sherman Oaks’ best-known office towers.

The details: - The center now includes 45 fully furnished private offices. - Two conference rooms are available by the hour. - The property also offers an on-demand day office. - Clients can use virtual office plans, receptionist support, mail services and business-grade connectivity. - The location is part of Premier Workspaces’ nationwide network of flexible office sites. - Valley Executive Tower offers views of the San Fernando Valley and access to restaurants, retail, professional services and nearby residential neighborhoods. - The site is positioned as a convenient business address for attorneys, financial professionals, consultants, healthcare providers, real estate firms, entrepreneurs and growing companies. - Private turn-key offices, team suites, virtual office plans and meeting rooms are available now. - Interested customers can schedule a tour or request pricing by visiting Premier Workspace in the Valley Executive Tower or calling (818) 582-2400.

Between the lines: - Premier Workspaces is signaling confidence in the San Fernando Valley market with a long-term commitment instead of a shorter extension. - The company is leaning into demand for serviced workspace that avoids the capital costs and operational burden of a traditional office buildout. - The expansion also reinforces Premier Workspaces’ relationship with Douglas Emmett, which owns and operates Valley Executive Tower. - Executives framed the move as evidence that premium suburban office locations still matter for tenants who want flexibility plus a strong business address.

What's next: - The expanded Sherman Oaks center is open now and ready for new tenants. - Premier Workspaces is likely to keep targeting high-performing suburban office markets as it grows its flexible workspace network. - The company said it will continue investing in locations that match how businesses use office space today.

The bottom line: - Premier Workspaces is doubling down on Sherman Oaks with more space, a longer lease and a broader set of turnkey office options.