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Attributes
Year Built | 1966 |
Building Area Net |
|
Land Area Net |
|
Occupancy | 75.0 % |
Call for Offers | 2021-05-11 |
Asset Description
JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to acquire the 100% fee simple interest in Boxcar Studios (the “Property”), a studio and creative office opportunity in the dynamic neighborhood of Atwater Village. The 108,249 square foot building sits on 3.95 acres, features 34,500 square feet of sound stages, and is 75% leased long-term to a Fortune 50 Media Conglomerate.
Investment Highlights
- Studio Infrastructure: Boxcar Studios' sound stages are unique with a long-term lease to one of the entertainment industry's most well known companies.
- Three Newly Constructed Stages: Totaling +34,500 SF and inclusive of sought after "Audience Rating" for Stage B.
- Attractive Tech, Media & Entertainment Submarket: Excellent proximity to tech, media and entertainment companies, the key drivers of economic growth in Los Angeles.
- Exceptional Demographics: Adjacent to the Property is a premier executive housing as well as gentrifying, workforce friendly neighborhoods, the area attracts Los Angeles' most creative millennial subset.
- Rich, Experiential Amenities: Boxcar Studios benefits from proximity to trendy restaurants, hip breweries, and one of Southern California’s best outdoor malls, The Americana.
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