Advisors Secures West Coast Headquarters for Renown Entertainment Company IMAX
Advisors LLP represented globally renown entertainment firm Imax in their lease negotiation for a new 66,000 square foot West Coast Headquarters. The $45,000,000 three-story complex will contain an interior amphitheater, a formal pre-function area for private screenings, two screening rooms, an elliptical courtyard, and space for developing cutting-edge entertainment production technology. The new Playa Vista facility will enable Imax to grow their staff in addition to the 120 employees brought over from their previous offices in Santa Monica.
Imax executives said the new Los Angeles headquarters will provide a more efficient use of space and accommodate the big-screen technology company's rapid global expansion.
"Fifteen years ago, we were a film-only company," said Greg Foster, chief executive of Imax Entertainment. "We've evolved so gigantically since then, not only in volume but in the technology that we use. This building is more reflective of who we are and where we are today, and what industry is today."
IMAX Corporation is an entertainment technology company, specializing in motion-picture technologies and large-format motion-picture presentations. Leading the way in immersive theatre experiences since 1968, a culture of innovation is at the very core of IMAX. From the introduction of stadium seating, to developing the highest-resolution camera in the world, to their laser projection technology and their partnerships with the world’s best filmmakers, there is no one like IMAX.
Please visit Imax at: https://www.imax.com/