Los Angeles Center Studios (LACS), Los Angeles’ premier independent studio and entertainment campus, announced that Current TV (CTV) and InVisM (IVM) have signed long term leases collectively totaling 30,000 square feet of leased space in one week. CTV, an Emmy® award-winning cross-platform news and information media company, will relocate to downtown Los Angeles in November, 2009. While IVM, a gaming and video company that provides training, education, and operational solutions for both government and commercial applications, is already moving in. CTV and IVM both conducted an exhaustive search for their ideal office and studio spaces and discovered the creative campus at LACS surpassed their expectations.
“Current had been actively searching for space for months before touring Los Angeles Center Studios. LACS provides the unique combination of top-of-the-line resources and creative energy that we need,” said Paul Hollerbach, CFO of Current.
Ken Robinson of InVisM stated, “Los Angeles Center Studios saved InVism from leasing a warehouse. We are excited to be on a lot where we don’t have to sweat the details and can, instead, pursue synergistic opportunities around the studio.”
Over the last year, LACS has also secured long-term leases with Oskoui+Oskoui, PVJOBS and Hawthorne Direct. The long term offices at Los Angeles Center Studios are now over 95% occupied.
Gary Horowitz of Jones Lang LaSalle represented Current TV. Los Angeles Center Studios was represented by Chris Bonbright, John Tronson, and Tom Barich of Ramsey Shilling.
About Los Angeles Center Studios
Los Angeles Center Studios is a full-service studio for television, film and commercial production – a honeycomb of entertainment interests working collectively in a single campus environment. Set on 20 acres in the heart of Los Angeles, this full-service studio features six 18,000 sq. ft. state-of-the-art soundstages and one swing stage, as well as 450,000 square feet of short- and long-term ‘Class A’ office space for entertainment-related and creative companies in industries ranging from film and television to gaming to music to technology. Los Angeles Center Studios has hosted numerous feature films (including Mission Impossible II, Charlie’s Angeles, Terminator 3: Rise of the Machines, Mr. & Mrs. Smith, Dreamgirls, Live Free or Die Hard, National Treasure: Book of Secrets, Get Smart, Night at the Museum: Battle of the Smithsonian, and Where the Wild Things Are), television programs (including NUMB3RS, Mad Men, Better Off Ted, Southland, Bones, Cold Case, Heroes, House, Ugly Betty and Weeds), commercials, music videos, concert rehearsals, and events since opening in 1999. More information about Los Angeles Center Studios can be found at www.lacenterstudios.com.
About Current TV (CTV)
Current is a new breed of cross-platform media company that works with its young adult audience to create and distribute content that informs, enriches and inspires. Current TV and Current.com work together to connect young adults with what is going on in their world through a unique blend of citizen journalism and viewer participation, offering programming and content that is authentic, often surprising and consistently compelling.
About InVisM (IVM)
InVisM Inc. is a privately-held, veteran-owned firm. The firm’s unique ability to leverage dimensional audio, 360-degree live-action video, and cutting-edge serious gaming technology into virtual realities continues to distinguish InVisM as a leader in training, education, and operational solutions for both government and commercial applications.
