CULVER CITY, CA—The Frame Store is relocating its Southern California office from Santa Monica to a 16,000-sq.-ft. former warehouse building here.
The company, a visual imaging firm based in London, has signed a long-term lease with landlord Industry Ltd. to occupy 12,500 sq. ft. at 3500 Helms Avenue. The tenant’s clients include Hollywood studios and advertising agencies.
The landlord acquired the vintage 1930s building in November 2011 and immediately undertook a $2.5 million capital improvement program. Jim Jacobsen and Scott Rigsby with Industry Partners represented the landlord and say in a statement that the transaction is valued at $7 million.