Manhattan Beach Deals.A slew of leases have been signed at Media Center at Raleigh Studios Manhattan Beach. The new, 60,000-square-foot, class-A office building sits on the Rosecrans Avenue lot where "Ally McBeal" and "The Practice" are filmed. Satellite company Pan Am Sat took the top floor of the four-story building. Other tenants include Yahoo, Alpine Television, general contractor Snyder Langston, mortgage brokerage Buchanan Street Partners and MXG MXG - Maintenance Group MXG - Marlborough, Massachusetts MXG - Merrill's Expanded Guide (to Computer Performance Evaluation) Media. Those leases take the project to 95 percent leased, with the remaining 5 percent under negotiations, said Mark Rosenthal, president of Raleigh Enterprises. The project's five-year, effective lease rates are $2.60 per square foot per month. "We had to turn people away," Rosenthal said. Some tenants are even leasing production office space in buildings adjacent to the stages. Tenant improvements are underway at Media Center and the majority of tenants should move in within three months or so, Rosenthal said. An on-site commissary is also being developed. "It really catered to and attracted a broad audience," said Rob Waller of CB Richard Ellis, who served as one of the project's leasing agents, along with John Ayoob and Bob Healey. "There's a certain amount of cachet cachet /ca·chet/ (ka-sha´) a disk-shaped wafer or capsule enclosing a dose of medicine. ca·chet (k -sh associated with being on a studio lot in a campus environment."
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