Wednesday, April 17, 2019

Scopely Expands In Culver City

Fast growing, Los Angeles-based mobile games and entertainment developer Scopely is in a big expansion, and has agreed to lease another 60,000 square feet of office space in Culver City, according to the company's broker, CBRE. According to CBRE, the expanded space will help Scopely more than double its Los Angeles footprint by 2020, significantly expanding its headquarters. The project is expected to be complete late next year. The new office space, in the Platform project at 8888 Washington will give Scopely the entire available office space at the four store property, from floors two through four. The expansion comes as Scopely is in major expansion mode; the company said in February that it now has a $400M annual revenue run rate, in part helped by one of its new titles, Star Trek: Fleet Command. Scopely is venture backed by Revolution Growth, Greenspring Associates, Sands Capital Ventures, Cross Creek Advisors, and Pritzker Group Venture Capital.