A Pittsburgh-based film production company has signed a 108,162-square-foot industrial lease in Van Nuys.
Bennett Robinson of CBRE Group represented landlord Prologis in the transaction. Tenant NEP Group Inc. of Pennsylvania was represented by an outside broker.
The property, called Van Nuys Distribution Center 2 at 7850 Ruffner Ave., features 10 dock-high loading positions, five ground-level doors, 21-foot ceiling clearance, heavy power and a gated yard.
“The Ruffner location will house NEP’s US Mobile Units and Bexel divisions, both part of the NEP Broadcast Services operating segment of NEP Group,” said Carrie Galvin, chief strategy office at NEP, in a statement. “NEP US Mobile Units will service their fleet of mobile production trucks and the Bexel team will provide a wide range of broadcast solutions and production equipment rentals out of this location. “
A recent uptick in online streaming and video production services has more than doubled the industry’s annual demand in the greater Los Angeles region for industrial space, according to a recent CBRE report.