Friday 26 June 2020

Blackstone nears $1.4B deal with HPP to build out production studios

Blackstone Group and Hudson Pacific Properties are deep in talks to form a partnership to develop production studios in Los Angeles. Valued at $1.4 billion, the deal would build out HPP’s extensive studio and sound stage portfolio, according to the Wall Street Journal. A deal could be struck in days. HPP owns three studio lots and 36 soundstages totaling 1.2 million square feet of space across 41 acres. The Victor Coleman-led firm became the largest



source https://therealdeal.com/2020/06/26/blackstone-nears-1-4b-deal-with-hpp-to-build-out-production-studios/

No comments:

Post a Comment