Videotape Services Firm to Sell Downtown Building
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AME agreed in principle to sell its building on Vermont Avenue in Los Angeles. The proposed price and buyer were not disclosed, but AME said it would make a “substantial profit” on the sale. The company bought the facility in March for $6.1 million.
AME, a provider of post-production videotape services for movies and television, has three other facilities in the Los Angeles area, including its Burbank headquarters.
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