Business & Tech

Playboy Leases New Space in Beverly Hills

The move is scheduled for completion in May, the Los Angeles Times reports.

Playboy Enterprises, Inc. is consolidating its Los Angeles-area offices and moving to a new location in Beverly Hills.

The men's magazine publisher has signed a lease to rent 45,000 square feet in a building owned by Tishman Speyer, according to the Los Angeles Times. The developer owns the former Hilton Hotels headquarters at 9336 and 9346 Civic Center Drive, just a bunny hop away from City Hall.

Founded by Hugh Hefner, the first edition of Playboy came out in December 1953 and featured Marilyn Monroe on the cover. Hefner's famous Playboy Mansion is located in nearby Holmby Hills.

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To read more about the magazine's move to Beverly Hills, check out the Los Angeles Times website.

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