Thursday, December 19, 2013

Vista Investment Group completes 12-year, 40,315-square-foot office lease renewal with Todd-Soundelux, LLC in Hollywood, CA

  
Todd-AO Studios, 900 Seward Street, Downtown Hollywood, CA

  
John Tronson
Los Angeles, CA – Santa Monica-based Vista Investment Group has announced a 12-year, 40,315-square-foot (sf) office lease renewal with Todd-Soundelux, LLC, the world’s largest independent provider of creative post production sound services to content creators working across all media platforms.

The firm occupies the Todd-AO Studios facility located at 900 Seward Street, in the heart of the Hollywood, CA production corridor.

Avison Young Principal John Tronson and Steven Tronson, a Vice-President in the company’s Los Angeles North office, represented the landlord, Vista Investment Group.

 “This lease extension, along with the significant improvements and technological upgrades being installed by both the ownership and the tenant, further solidifies Vista’s commitment to the Hollywood market where the firm has been an active investor over the last few years,” comments Steven Tronson.

Steven Tronson

 “Additionally, Todd-Soundelux is recognized industry-wide as a leader in post-audio production, serving the film and television industry, and this lease renewal shows the company’s commitment to this facility and presence in the industry.”

 "We are very happy to have reached an agreement with Todd-Soundelux to renew and extend the lease at the property,” says Jonathan Barach, President of Vista Investment Group.

“The deal provides Vista with an opportunity to increase investment value early on, while allowing the tenant to confidently make the necessary capital investment in its studios to retain its dominant position in the industry,"

 Todd-AO Studios consists of five mixing stages, two ADR stages, transfer facilities, production offices and editorial rooms along with a full kitchen and client lounges, offering a full-service experience to clients.

David F. Alfonso


 “The Todd-AO facility in Hollywood is an important part of our strategic plan to build on our position as the destination of choice for post production sound services,” said David F. Alfonso, the owner and Chairman of Todd-Soundelux.

“We are committed to envisioning and realizing the next iteration of a fully integrated and deeply guest-focused post production sound company.

“Todd-Soundelux has helped set the bar for excellence for more than 60 years in bringing content to life through sound, and we are preparing to carry that tradition forward, striving to provide a magical and inspiring experience for content creators.”

 For more than half a century, the world’s most visionary content creators have partnered with Todd-Soundelux to bring something unique and vital to their projects.


Arlene Sommer
In this partnership with many of the most important voices of their generations, Todd-Soundelux has helped create some of the most iconic moments in film and television history.

 Recognized for decades of groundbreaking innovation and creative leadership, Todd-Soundelux has been nominated for 54 Academy Awards – taking home the industry’s ultimate symbol of excellence an unprecedented 23 times.

 Todd-Soundelux was represented by Arlene Sommer and Mark Robinson of Cushman & Wakefield in the transaction.

 For a complete copy of the company’s news release, please contact:

Darcie Giacchetto
D.G. Communications, Inc.

949.278.6224

No comments:

Post a Comment