Honest Company signs 10-year lease for new Playa Vista HQ; total base rent ~$33.44M

Honest Company, Inc.

Signed lease for ~38,240 RSF at 12121 Bluff Creek Dr, Playa Vista; relocation by May 1, 2027.
Undiscounted base rent over 10 years totals ~$33.44M; first-year rate $3.50/RSF/month escalating to $9.224 in year 10.
Landlord provides $180/RSF tenant improvement allowance; Company must post $1.2M letter of credit.
One five-year renewal option and right of first refusal on remaining 5th floor space.
Lease provides 10-month rent abatement applied to third lease year.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Honest Company, Inc. entered into Lease with Dellwood Farm LLC valued at approximately $33,440,756 (effective 2026-06-14).

Action: entry
Agreement: lease
Counterparty: Dellwood Farm LLC
Value: approximately $33,440,756
Effective: 2026-06-14

Exact text from the filing

On June 14, 2026, The Honest Company, Inc. (the “Company”) entered into a lease agreement (the “Lease”) with Dellwood Farm LLC, a Delaware limited liability company (the “Landlord”), for approximately 38,240 rentable square feet located at 12121 Bluff Creek Drive, Suite 500, in Playa Vista, California.

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629 material agreements filed in the last 30 days. Browse all material agreements →

Honest Company, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-044390

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