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