THQ 2005 Annual Report Download - page 34

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11
Item 2. Properties
The following is a listing of the principal leased offices maintained by us as of May 27, 2005:
Property Location
Square
Feet
THQ Corporate Office (1)......... Calabasas Hills, California 123,600
ValuSoft ......................... Waconia, Minnesota5,000
Studios
Blue TongueEntertainment ........ Melbourne, Australia9,600
Concrete Games .................. San Diego, California 9,400
Cranky PantsGames .............. Kirkland, Washington8,300
Heavy Iron Studios ................ Culver City, California 16,800
Helixe ........................... Burlington, Massachusetts 10,300
Locomotive Games, Inc.(2) ........ Santa Clara, California 12,400
Rainbow Multimedia Group (3).... Phoenix, Arizona 47,500
Relic Entertainment (4)............ Vancouver, Canada 11,500
THQ Australia Studios ............ Spring Hill, Australia12,200
Volition, Inc...................... Champaign,Illinois42,400
International Offices
Australia......................... Melbourne, Australia9,600
France........................... Paris, France 4,300
Germany. ........................ Krefeld,Germany14,000
Korea........................... Seoul,Korea 2,000
Spain............................ Madrid,Spain4,300
United Kingdom .................. Woking, England10,400
(1) On December 30, 2004, we entered into a lease for premises consisting of approximately 103,000
square feet of office space located in Agoura Hills, California, which we intend to use as our corporate
headquarters. Our current lease expires in October 2005.
(2) In April 2005, Pacific Coast Power & Light Company changed its name to Locomotive Games, Inc.
(3) On January 31, 2005, we amended the existinglease for our Rainbow Multimedia Group studio in
Phoenix, Arizona to include an additional approximately 19,500square feet, commencing June1,
2005.
(4) On November 19, 2004, we entered into a sublease for premises consisting of approximately 35,000
square feet of office space located in Vancouver, Canada, commencing July 1, 2005, for our Relic
Entertainment studio. Upon commencement of this lease, Relic will vacate its current premises.
In addition to the leased facilities listed above, we also lease office space in various countries outside of the
U.S. in order to support the international sales, marketing and administrative efforts of our wireless
platform. The majority of these leased facilities are occupied by Minick Holdings AG and its subsidiaries,
of which we have a 50% ownership interest.
We also own 10,820 square feet of space in Phoenix, Arizona which will be used as a data center and
motion capture studio.