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Radford Studio Center

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Netflix building
CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Seeks Netflix Extension Past 2031 on 722,000 SQFT of Hollywood Offices as $1B California Film Credit Push Offers Stages a Lift

Hudson Pacific Properties told investors on its third-quarter call that it hopes to reach some resolution with Netflix by year-end on extending the...

studio soundstage with cameras and equipment
CommercialFinanceIndustry NewsLos Angeles

Lender Puts Blackstone, Hudson Pacific’s Vacant 240,000 SQFT Sunset Glenoaks Studios in Sun Valley on the Block

Colliers is marketing Sunset Glenoaks Studios, the empty seven-stage production campus Blackstone and Hudson Pacific Properties completed in Sun Valley in 2024, on...

studio soundstage with cameras and equipment
CommercialFeaturedFinanceIndustry NewsLos Angeles

LA Studio Lots Trade Up to 78% Below Boom-Era Prices as Soundstage Occupancy Stalls Near 62%

Los Angeles studio real estate has entered a price-discovery phase, with lots bought at the top of the streaming boom now changing hands...

Culver City skyline
CommercialFinanceIndustry NewsLos Angeles

Culver City Lands $103MM Option to Buy Fortress’ 198,000 SQFT Former Sony Animation Campus

Culver City has secured the exclusive right to buy the vacant former Sony Pictures Animation campus from Fortress Investment Group for $103 million,...

building outline with a blue sky
CommercialFinanceIndustry NewsLos Angeles

Hackman Loses Culver City’s 182,000 SQFT Former Sony Animation Campus to Fortress in $71MM Foreclosure

Fortress Investment Group emerged as the new owner of the vacant, three-building Art Deco office complex at 9050 Washington Boulevard after credit-bidding roughly...

Culver City skyline
CommercialFinanceIndustry NewsLeasingLos Angeles

Hackman Capital Defaults on $100MM Loan, Sending 182,000 SQFT Former Sony Animation Campus to Auction in Culver City

Hackman Capital Partners' surrender of its long-vacant Culver City creative-office trophy to a Goldman Sachs-backed lender deepens a year of distress that has...

Studio interior
CommercialEntertainmentFeaturedIndustry NewsLeasingLos Angeles

Nine TV Productions Win $121MM in Tax Credits as LA Soundstages Sit One-Third Empty

California awarded $121.3 million in film and television tax credits to nine new television series on Aug. 10, steering $608 million in production...

Financial graphic
CommercialFinanceIndustry NewsLos Angeles

Deutsche Bank Syndicate Moves to Sell Hackman’s Television City in Los Angeles as Debt Hits $357MM

A lender group led by Deutsche Bank has filed a notice of default on Hackman Capital Partners' Television City studio in Los Angeles,...

Studio with cameras lights and other set up
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,...

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 soundstage with cameras and equipment
CommercialFinanceIndustry NewsLos Angeles

Hackman Capital Partners Defaults on $1.1 Billion Radford Studio Loan as Hollywood Production Slump Takes Toll

World's Largest Independent Studio Owner to Surrender Historic LA Facility to Goldman Sachs-Led Lender Group Hackman Capital Partners, the world's largest independent studio...

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