We are delighted to announce a new lease agreement at our Marina del Rey property, Marina Studios, Suite B130, with Avid Logistics. This 1,900 square foot creative flex space will serve as a vital hub for Avid, a company dedicated to revolutionizing the warehousing and fulfillment industry.

Avid Logistics specializes in a comprehensive range of warehousing and distribution services aimed at helping businesses expand and elevate their brands. The strategic location of Marina Studios provides Avid with an ideal setting to pursue their mission of delivering outstanding logistics solutions while maintaining strong connections with their clients.

We extend our heartfelt thanks to James Wilson and Dylan Mahood of LeeWLA for their exceptional representation of both Avid Logistics and PMI throughout this transaction. We look forward to witnessing Avid Logistics thrive in their new space and contribute to the vibrant business community in Marina del Rey. Stay tuned for more updates from PMI Properties as we continue to support dynamic developments in our portfolio!

We are excited to welcome our newest tenant to PMI Properties’ Marina Studios at 4223 Glencoe in Marina Del Rey: Art and Science, led by expeditionary artist Richelle Ellis. Renowned for exploring planetary connectivity, Richelle’s work masterfully navigates the intersection of human impact, technology, and the environment. With exhibitions at top venues around the globe and upcoming artworks launching into space, her visionary approach is set to inspire and transform our community.

This groundbreaking initiative will be funded by Richelle and her partner, Tim Ellis, co-founder and CEO of Relativity Space, an innovative aerospace manufacturing company valued at $4.2 billion. Their collaboration highlights the powerful synergy between art and technology, as they push the boundaries of creativity and space exploration.

This exciting venture was made possible by James Wilson and Dylan Mahood of LeeWLA, who represented both the tenant and the owner. At PMI Properties, we are proud to have converted Marina Studios into creative flex spaces that seamlessly blend functionality for a range of quasi-industrial uses with the design sophistication of a creative office environment. With a focus on flexibility and aesthetic appeal, the space will serve as a gallery for Richelle’s work, offering a dynamic hub for art, innovation, and community engagement.

We look forward to supporting Richelle and Tim’s visionary endeavors and fostering an environment where art, science, and creativity come together in new and inspiring ways. Stay tuned as we invite the community to experience the possibilities at Marina Studios!