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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...

Hollywood Hills with the Hollywood sign
CommercialFinanceIndustry NewsLos Angeles

Hudson Pacific Lifts 2026 Outlook as Studio NOI Hits $4.3MM, Even as Losses Reach $1.56B Over 19 Straight Quarters

Los Angeles-based Hudson Pacific Properties raised its 2026 earnings outlook on Nov. 5 as its Hollywood studio business swung back into the black,...

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...

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...

shelves inside an industrial warehouse
FinanceIndustrialIndustry NewsLos Angeles

Lincoln Property Sells Studio in Chatsworth for $22MM

Lincoln Property Company and Gem Realty Capital sell a Chatsworth studio for $22 million, below their 2021 purchase price.

Studio set up
CommercialFinanceIndustry NewsLeasingLos Angeles

Hudson Pacific Extends $1.1B Loan on Hollywood Studio Portfolio as Production Slump Pressures LA Landlords

Hudson Pacific Properties extended the $1.1 billion loan on its 2.2 million-square-foot Hollywood Media Portfolio to November 2027 without a principal paydown, buying...

finance graphic showing movement. up and down
CommercialEntertainmentFinanceIndustry NewsLos Angeles

Hudson Pacific’s Hollywood Studio Slump Keeps Common Dividend Suspended Into a Second Year

The Los Angeles-based office and studio landlord has withheld its common dividend since September 2024, and the slump in demand at its Hollywood...

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,...

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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