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CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Winds Down Quixote, Weighs Sunset Glenoaks Exit and Pulls 130,000 SQFT Fourth & Traction Offline in LA Reset

Hudson Pacific Properties used its third-quarter call to lay out what it is shedding, emptying and rebuilding in Los Angeles: the wind-down of...

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...

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CommercialFinanceIndustry NewsLos Angeles

Blackstone, LBA Line Up $270MM Nomura CMBS Loan on Apple-Anchored 378,000 SQFT One Culver Campus

Blackstone and LBA Realty are refinancing their Apple- and WeWork-anchored One Culver campus with a $270 million floating-rate CMBS loan from Nomura, a...

Studio set up
AECCommercialIndustry NewsLeasingLos Angeles

Echelon Studios Puts 607,000 SQFT on the Leasing Block as Hollywood’s Vertical Lot Nears Delivery

As Bardas Investment Group and Bain Capital Real Estate near delivery of their roughly $450 million Echelon Studios Hollywood, their leasing materials show...

studio soundstage with cameras and equipment
AECCommercialFinanceIndustry NewsSan Diego

Chula Vista Orders Due Diligence on Millenia Film Studio Partner After $15MM Investor Exits

Chula Vista has hired HR&A Advisors to vet the startup behind a proposed film and media hub at the city's new Millenia library...

Netflix building
CommercialFinanceIndustry NewsLeasingLos Angeles

Blackstone, Hudson Pacific Secure 15-Month Extension on $1.1B Hollywood Studio Loan Anchored by Netflix

Lenders on the Blackstone and Hudson Pacific Properties Hollywood studio-and-office portfolio have finalized a loan modification that buys the sponsors 15 more months,...

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...

Studio interior
AECCommercialIndustry NewsLeasingLos Angeles

Bardas Tops Out $450MM Echelon Studios in Hollywood, Betting 90,000 SQFT of Offices and Five Stages on a Production Rebound

Bardas Investment Group has topped out Echelon Studios Hollywood, the $450 million urban studio campus replacing a shuttered Sears on Santa Monica Boulevard,...

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,...

Manhattan Beach
CommercialFinanceIndustry NewsLeasingLos Angeles

$240MM Defaulted Loan on 22-Acre Manhattan Beach Studios Hits Market as Foreclosure Looms in South Bay

The $240 million loan secured by Manhattan Beach Studios is up for sale just weeks after the lender filed to foreclose on the...

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