Woodridge Productions, the company filming the first season of ABC’s new TV series “Charlie’s Angels,” has signed a 160,000-square-foot lease at the former Wynwood Foreign Trade Zone, purchased last year in a bankruptcy auction by Mannigan Holdings, Metro 1 Properties, which represented the landlord, announced today.
“Production is a big part of our vision for Wynwood and I hope more people recognize its importance to our community. One hundred and sixty thousand square feet in industrial leases rarely get signed in this area and there is still demand for similar spaces. Frankly, I wish we had more space,” Metro President Tony Cho said.
Cho said the initial lease is for seven months with an option to renew for another five. After that, it will by year by year, he said. He declined to comment on exact rent figures, but said they were “consistent with rental rates for production” in the area, about $6 to $10 per foot.
Woodridge Productions had previously leased the facility to shoot the pilot, co-produced by Hollywood actress Drew Barrymore, earlier this year. It will create sound stages at the premises, sets for the show and plans on making some improvements to the property, which will make it more suitable for filming and future production use.
– Katherine Clarke
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