Lease Up: Tire Makers Keep South Carolina Rolling
October 10, 2011
By: Mark Heschmeyer

... BCS Financial, a multiple-line insurance company, took an additional 11,000 square feet at 2 Mid America Plaza. The tenant will occupy a total of 43,000 square feet, and in the process becomes the largest tenant in the building. Senior managing directors Lyle Levin and Kevin McLennan of Studley represented BCS Financial. Pete Adamo and William Elwood of CB Richard Ellis represented the landlord. ...

... Panavision Inc. signed a 145,000-square-foot headquarters lease for the entire building at 6101 Variel Ave. in Woodland Hills, CA. In addition to housing the company's worldwide headquarters, the property will serve as a distribution facility for Panavision's high-precision camera systems, lenses and related accessories. The 18-year lease is valued at $50 million. Angelo, Gordon & Co., the New York-based private equity firm, purchased and is improving the Variel Avenue building specifically for Panavision. The company is relocating just one-half block from its current location in Warner Center, the 1.5-square-mile business district in Woodland Hills. Panavision will be vacating 6219 De Soto Ave. next summer when its 15-year lease expires. Panavision was represented by Mark Sullivan, executive vice president with global tenant advisory firm Studley. Additional transactional support was provided by Andrew Lustgarten and Mark Robinson. ...

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