LOS ANGELES-An insurance firm has signed a $1.4 million lease deal to relocate its headquarters to Studio City.

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.

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