According to the terms of the seven-year lease, Encore Entertainment Insurance Services LLC will occupy the entire 7,040-sf office component at Studio Plaza, the 100,000-sf mixed-use development in Studio City. The European-style complex is located at Ventura Boulevard and Vineland Avenue, directly below City Walk. Developed and managed by North Hollywood-based VDA Property Co., the project is anchored by a 55,000-sf Ralph's grocery and includes retailers such as Rite-Aid and Blockbuster Video.
Encore will relocate its offices from its previous location in Sherman Oaks to the new site. The company is a program manager underwriting on behalf of The St. Paul Insurance Cos. It specializes in the entertainment business, specifically risks for the film, video, music and theatrical stage industries.
Craig Cahow of The Staubach Co. representedEncore. The landlord, VDA Property Co., was represented by Robert D. Erickson of Cushman & Wakefield's Downtown office.
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