NAI Capital Completes 24,000 Square Foot Lease Renewal with Panavision in Hollywood
Hollywood, CA, Friday, July 15, 2016– NAI Capital has completed the lease renewal of a 24,000 square foot creative office in Hollywood, CA. The home of Panavision Hollywood.
Executive Vice President Ian Strano of NAI Capital's office on the Westside of Los Angeles represented the landlord, Torrance Borders Partners. The tenant, Panavision, was represented by Patrick Amos at CB Richard Ellis and Rich Bright from Jones Lang LaSalle.
Located at 6735 Selma Avenue, the building is a two –story single tenant creative office space building that has been 100% leased to Panavision since its completion in 1995. Located in the heart of Hollywood, the building is within walking distance of numerous residential and retail amenities, including the Hollywood and Highland retail complex, the Roosevelt Hotel and the El Capitan Theatre.
Strano said, "We are excited that Panavision has decided to remain in our building. They have been an exceptional tenant, great to work with and they are an institution in the motion picture and TV production industry.”
About NAI Capital
NAI Capital Company is one of the Southern California’s leading full-service commercial real estate companies, providing a complete range of transaction, valuation, consulting, investment, and property management services. NAI Capital is one of the largest members of NAI Global, a premier real estate service network with 375 offices and 6,700 market leaders spanning the globe. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, developers and investors throughout Southern California. Since 1979, NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.
NAI Capital Brokerage CA BRE #00806840.
To learn more, visit www.naicapital.com.
About NAI Global
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. Founded in 1978, today NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. Supported by the central resources of the NAI Global network, Member firms deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.
NAI Global was acquired in 2012 by C-III Capital Partners, a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, online capital markets, title services and multifamily property management. C-III’s principal place of business is located in Irving, TX, with additional offices in New York, NY, Greenville, SC and Nashville, TN.
To learn more, visit www.naiglobal.com.
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