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!

We are excited to announce that our lease to an affiliate of Cove Capital has led to a new business venture: Walk Your Plans. This innovative company has secured a 5-year lease for a 7,000 square foot space at 8673 Hayden Place in Culver City. Walk Your Plans offers customers the unique opportunity to experience life-sized floor plans before construction begins. By projecting a life-sized floor plan onto the white warehouse floor and elevations onto the walls, along with sample furniture– architects, builders, and homeowners can make informed decisions to create better living spaces. The front creative offices will be utilized by Cove Capital and its affiliates, known for sponsoring DST Investments and Funds for 1031 exchange buyers. PMI was expertly represented by Dylan Mahood and James Wilson of Lee and Associates, while the tenant was represented by Sean Spear of Hughes Marino.

We are thrilled to announce a landmark lease transaction with Sony Innovation Studios at our Culver City property, located at 8671-8675 Hayden Place in the renowned Hayden Tract. This partnership marks a significant milestone, highlighting Culver City’s innovative spirit and technological prowess.

This 9,600 square foot space boasts high-end office finishes, soaring 22-foot ceilings, industrial power, three grade-level loading doors, and a large outdoor space.

Sony Innovation Studios, an award-winning division of Sony Pictures Entertainment, stands at the forefront of blending the real and virtual worlds, pushing the boundaries of entertainment technology. Their commitment to creating groundbreaking entertainment experiences showcases the fusion of creativity with cutting-edge technology. Recent endeavors, such as assuming operations of the industry-leading LED virtual production stage, underscore their pioneering status in entertainment technology and virtual production.

We extend our sincere gratitude to Rich Maloof of Industry Partners for expertly representing the tenant in this transaction, and Dylan Maloof, James Wilson, and David Wilson of LeeWLA for representing the landlord.

Furthermore, we are delighted to announce the availability of another suite within the building. Offering 7,028 square feet of creative flex/industrial space, this suite features a 22-foot clear height and both dock-high and grade-level loading docks. Our creative flex spaces offer the perfect blend of high-end collaborative finishes and amenities associated with creative offices, coupled with the functionality of industrial spaces.

PMI Properties is delighted to announce the complete occupancy of our 24,000 square foot Creative Flex building located at 9530 Jefferson Blvd.

We are thrilled to extend a warm welcome to two local apparel industry titans, Active Apparel Inc. and MeUndies Inc., both poised to make their mark within this premier establishment through five-year lease agreements.

Maundies has garnered acclaim for its ability to captivate Gen Z and millennial consumers. Their innovative product line seamlessly melds sustainable fabrics with cutting-edge design, encompassing men’s and women’s underwear, sleepwear, and loungewear. Represented by Gage Danley of Lee and Associates, MeUndies has entered into a five-year lease.

Active Apparel Group., with an illustrious 35-year history steeped in technical expertise, specializes in activewear, swimwear, and ready-to-wear garments. They provide end-to-end solutions for international brands such as Peloton, Bandier, and Equinox. The successful negotiation of a five-year lease agreement for Active Apparel Inc. was expertly handled by Ron Kaspi and Craig Miller of Wilshire Advisory Group, representing Active Apparel Group..

The landlord was represented by George Wilson, David Wilson, and Douglas Marshall of Lee and Associates on both transactions.

Nestled in the vibrant heart of Culver City, Los Angeles, our prime location offers a strategic advantage for leaders in the apparel industry. Renowned for its creative energy and proximity to key markets, Culver City serves as the ideal backdrop for companies dedicated to shaping the future of fashion. The city’s dynamic environment and accessibility make it a thriving hub for innovation and collaboration in the apparel industry.

“PMI’s Renovation of a 1920 Craftsman House: Blending Old Charm with Modern Comfort”

PMI has recently completed a renovation project on a 1920 Craftsman house, giving it a new  life. This renovation included updates to the kitchen, bathroom, flooring, and lighting. .To achieve this transformation, PMI carefully studied successful Craftsman renovations from the past. The goal was to strike a harmonious balance between integrating contemporary features that appeal to today’s tenants and buyers while still preserving the cherished architectural heritage of the Craftsman era. We want to give credit to our Development Manager for her design and execution of the renovations.  The house now seamlessly blends the old and the new, making it an attractive option for those who appreciate both historical character and modern comfort.”

Introducing a transformative paradigm within the real estate asset landscape – the amalgamation of industrial and creative office spaces, colloquially termed “Creative Flex.” This concept transcends conventional boundaries in workspace functionality, artfully amalgamating the aesthetic and collaborative nuances intrinsic to creative offices with the pragmatic features inherent to industrial warehouse facilities. In an era marked by the ascendancy of remote work arrangements, workplaces specifically designed to accommodate business functions that defy remote execution have emerged as a pertinent consideration. Given the pre-existing conversions of many creative office edifices from former warehouses, the transition to flex space represents a logical and potentially seamless progression.

Within the realm of Creative Flex, the office segment seamlessly fuses the refined design elements emblematic of creative office spaces with the utilitarian attributes that hallmark warehouses. Envision a workspace that seamlessly encapsulates the quintessence of both worlds: the convivial ambiance and lightning-fast super fiber connectivity reminiscent of creative offices, coalescing harmoniously with the soaring ceiling elevations and loading capabilities traditionally associated with industrial structures.

We have already had many of these tenants from apparel companies, a company that is electrifying the train industry, social media company with in office studios, an IT company that deal also with hardware, a food retailer and manufacturer that needed kitchens and offices.

PMI Properties is excited to welcome Persimmon Life Inc. to our building at 10951 Pico Blvd. Occupying a ground floor suite spanning 4,566 square feet, Persimmon Life Inc. is set to provide industry-leading medical aesthetics treatments right in the comfort and safety of their customers’ homes. James Wilson and Dave Wilson of Lee & Associates WLA represented the landlord, and Andrew Doan of Lee & Associates WLA represented the tenant. 

Persimmon Life Inc. delivers cutting-edge aesthetics treatments directly to customers’ homes, with trained and licensed nurses. Their innovative at-home medical spa experiences offer unparalleled comfort, convenience, and privacy, earning them industry credibility and establishing them as a leader in the field.

Strategically located near Google’s new westside pavilion campus, this new office space promises innovation and collaboration for Persimmon Life Inc. Being surrounded by industry leaders at 10951 Pico Blvd places them in the heart of the residences in Los Angeles. This prime setting presents an excellent opportunity for Persimmon Life Inc. to thrive, as they can tap into a community that values innovative aesthetics treatments, fostering collaboration and growth.