HOLLYWOOD-The Art Institute of California has signed a 10-yearlease for 15,250 square feet of office space at J.h Snyder Co.'s5250 Lankershim Plaza, expanding its total space under lease at theSnyder project to 77,000 square feet. The Institute expects to moveinto the new space in October following tenant improvements,according to Bruce Geller, director of leasing for J.h Snyder, whorepresented 5250 Lankershim in the transaction.

The Art Institute of California's Hollywood location is a branchof the Education Management Corp. EDMC is among the largestproviders of private post-secondary education in North America,based on student enrollment and revenues, with 98 locations in 30US states and Canada. Enrollment at the Art Institute ofCalifornia-Hollywood has far surpassed its previous expectations,driving the expansion at 5250 Lankershim, according to Geller.

The value of the lease was not disclosed. Asking rate for spacein the building is $3.25 per square foot per month, full servicegross. The Institute was represented by Fischer & Co.

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