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TORRANCE, CA-General Imaging Co., the exclusive licensee for GE branded digital cameras worldwide, has signed a lease for new heaquarters space at the Toyota Motor Sales-USA building, called Toyota Plaza, at 1411 190th St. Doug Wubbena, a senior vice president in the Newport Beach office of NAI Capital who represented General Imaging, describes the deal as a long-term lease that will establish a new worldwide corporate headquarters for General Imaging.

General Imaging intends to occupy its new space during the first quarter of 2010, leasing the majority of the fifth floor at Toyota Plaza, in a relocation of its headquarters from elsewhere in Torrance. Terms of the deal with Toyota Motor Sales-USA, which was represented by Thacher Goodwin and Douglas Brawn of Colliers International along with Stephen Cramer of Jones Lang LaSalle, were not disclosed. Asking rates for the space are $2.25 per square foot per month, full service gross.

Toyota Plaza, built in 1986, totals approximately 173,854 square feet. The building is 95% occupied, with tenants including Toyota executives, Toyota University, law offices, technology firms and investment brokers.

Wubbena notes that General Imaging is also establishing a new warehouse and customer service location, also based in Torrance, commencing in early 2010. He also represented General Imaging in the lease for that facility, which was a long-term deal with T.M. Commercial Properties LLC.

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