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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 173.20-3.3%Nov 6 3:59 PM EST

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To: q1000 who wrote (25034)8/7/2002 5:55:54 PM
From: waitwatchwander  Read Replies (1) of 196543
 
Technicolor to Lease Office Space in Burbank

latimes.com

LA Times Staff Writer

Technicolor has agreed to lease 54,000 square feet in Burbank to expand its digital cinema business.

Camarillo-based Technicolor, the largest processor of motion picture films, signed a 10-year deal valued at $15.7 million with landlord M. David Paul & Associates for additional space at Media Studios North.

Technicolor will install a satellite dish on the roof of the Burbank office building, said Jeff Worthe of M. David Paul & Associates.

He said he expects Technicolor to take over the space in November.

Rob Erickson and Brad Feld, both of Cushman & Wakefield, represented the tenant and landlord respectively in lease negotiations.

Technicolor already occupies 33,000 square feet in the building at 2233 Ontario St., which it will retain, Worthe said.
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