'American Idol' producer to set up shop in Burbank: company moving from Santa Monica.Last season, the San Fernando Valley's entry took the No. 2 spot in the runaway television reality show hit "American Idol." Now the production company responsible for the show is set to take a Valley address as well. FreeMantle Media North America Inc. has inked a deal to occupy 41,000-square feet at 4000 W. Alameda Ave. in Burbank. The production company responsible for "American Idol" along with a string of other reality programming is moving from Santa Monica, where it has occupied an 18,000-square-foot space. Craig Jablin, a broker with Studley, said the company conducted an exhaustive search throughout the Valley, Tri-cities and Hollywood before deciding on the Burbank facility. "They were experiencing exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. , and they found that the ability to acquire space at rates that made economic sense was better in alternative locations (outside Santa Monica)," Jablin said. "This location worked well for a number of reasons, including accessibility for their workforce. They were also close to a lot of other companies they do business with." Rents in Santa Monica have been creeping upwards of $4 a square foot, and as of the third quarter, the average asking rate for office space in the Valley was nearer to $2.48 per square foot. FreeMantle is part of an international organization that delivers over 8,500 hours of programming to countries including the U.K., Germany, Australia, Western Europe, Latin America and Asia. It is owned by Bertelsmann AG. "American Idol," by far the most famous of its U.S. programs, has garnered 22 Emmy nominations since it launched in 2001. Last season, Sherman Oaks resident Katharine McPhee took second place in the competition. The North American division also produces "American Inventor" for ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , "America's Got Talent America's Got Talent is an American reality television series on the NBC television network. It is a talent show that features amateur singers, dancers, magicians, comedians and other performers of all ages competing for the advertised top prize of US$1 million. " for NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , "The Janice Dickinson Modeling Agency" for Oxygen and "Property Ladder" for TLC TLC total lung capacity; thin-layer chromatography. TLC abbr. 1. thin-layer chromatography 2. . Jablin, along with Arlene Sommer Sommer is a surname, from the German and Danish word for the season "summer". It may refer to:
Douglas Marlow and Nico Vilgiate, with CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. , represented the landlord. |
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