LOS ANGELES-Studio City, an Emmy Award-winning marketing firm, signed a 72-month lease at a 19,000-square-foot office building in the North Hollywood Arts District. Lee & Associates-L.A. North/Ventura transacted the lease, which is estimated to be worth $3.4 million. The North Hollywood office space, located at 5161 Lankershim Blvd., is double the size of the firm's current space in Studio City.
“Studio City outgrew their space,” Scott Romick, a principal at Lee & Associates-L.A. North/Ventura, tells GlobeSt.com. “We needed to find them an alternate location that would offer the same level, or more, of amenities as well as a location that would still be convenient for their employees.”
Disney Interactive had formerly leased the space, but recently moved to the new Disney Campus in Glendale, a $2-billion project it started building over a decade ago, leaving this location available for Studio City. The building features polished concrete floors, exposed ceilings, ample natural light and an open courtyard, all of which meet Studio City's needs for a creative workspace.
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