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CommercialFinanceIndustry NewsLos Angeles

Netflix Closes $400MM Purchase of 1.1MM-SQFT Radford Studio Center From Goldman Sachs in Studio City

Netflix has completed its acquisition of the historic Radford Studio Center in Studio City from a Goldman Sachs-led lender group for $400 million,...

Studio with cameras lights and other set up
CommercialFeaturedIndustry NewsLeasingLos Angeles

Hudson Pacific’s Sunset Studios Bets on Smartphone Dramas to Refill Hollywood Soundstages

Hudson Pacific’s Sunset Studios is converting an 8,000-square-foot Hollywood soundstage into permitted, prebuilt sets aimed at smartphone-first vertical dramas, a bet that short-form...

Studio set up
CommercialFeaturedIndustry NewsLos Angeles

Culver City Bets $500,000 on a Production Comeback With New Film Incentive Ordinance

The “Heart of Screenland” rolls back permit fees to 2008 levels, extends a 15-year business tax suspension through 2036 and pledges free parking...

CommercialFeaturedIndustry NewsLeasingLos Angeles

Hudson Pacific’s Hollywood Holdings Hit 100% Office Occupancy as LA Studio Market Starts to Stir

The Sunset campuses anchor HPP’s strongest region as the company prepares to wind down Quixote and ride a tax-credit-fueled production rebound. Southern California...

Culver City skyline
CommercialFeaturedFinanceIndustry NewsLos Angeles

Hackman Capital Faces Foreclosure on $100MM Loan at 182,176 SQFT Culver City Office Campus

Lender CF CC Investor LLC moves to seize the former Sony Pictures Animation campus at 9050 Washington Boulevard after the studio landlord defaulted...

Studio set up
CommercialFeaturedFinanceIndustry NewsLos Angeles

Netflix Nears $330MM to $400MM Deal for 55-Acre Radford Studio Center in Studio City

The streaming giant’s planned purchase from Goldman Sachs would value the historic lot at roughly 80 percent below its 2021 sale price, signaling...

Studio set up
CommercialFeaturedIndustry NewsLos Angeles

LA Soundstages Remain One-Third Empty Even as New Facilities Open

Los Angeles soundstage occupancy has collapsed to approximately 63 percent, representing unprecedented vacancy in entertainment production real estate as major facilities sit idle...

Rendering of a proposed film production campus in Baldwin Hills
AECCommercialIndustry NewsLos Angeles

4SBay Partners Proposes 257,000 SQFT Film Production Campus With Four Soundstages in Baldwin Hills

The six-building Stocker Street Creative project would bring sound stages, offices, restaurants, and a landscaped plaza to a site just west of Crenshaw...

Studio set up
AECCommercialIndustry NewsLos Angeles

East End Studios Delivers $230MM Soundstage Campus in LA Arts District Amid Soft Production Market

The 255,000-square-foot complex adds five purpose-built soundstages to the nation’s largest soundstage market, where occupancy has dropped to the low-60 percent range from...

Studio with cameras lights and other set up
CommercialFeaturedFinanceIndustry NewsLos Angeles

Los Angeles Film and TV Production Hits Historic Lows Despite Expanded Tax Incentives

Shoot days fall to pandemic-era levels as industry awaits impact of California’s $771 million incentive program Los Angeles film and television production continued...

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CommercialFeaturedIndustry NewsLos Angeles

California’s Big Gamble on Hollywood Seems to Be Paying Off

The Golden State Bets Big with a $750 Million Film and TV Incentive, and Early Results Show a 400 percent Jump in Applications...

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AECCommercialHospitalityIndustry NewsLos AngelesResidentialRetail

12-Acre Olympics Broadcast Center and Studio Complex to Anchor Media Expansion at Hollywood Park

A new entertainment and media hub is set to rise in the heart of Inglewood as Rams owner Stan Kroenke moves forward with...

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