Netflix – Commercial Observer

Demand for space from esports companies continues to rise.

Comcast Esports Studios Listed for Sale in LA

By Greg Cornfield

There is a backlog in demand for production space, which is causing increasing rents for tenants.

Sales · Commercial

Sources: Line 204 to Sell LA Studio Development

By Greg Cornfield

Twitter CEO Jack Dorsey has told his employees they can work from home indefinitely, while other big tech companies plan to return to the office in mid to late 2021.

Leases · Office

How TAMI Tenants’ Return-to-Work Plans Are Affecting the Office Market

By Rebecca Baird-Remba

The U.S. Bank Tower, left seen in Downtown Los Angeles in May, shortly before it sold to Silverstein Properties. The tower and other high-rise office buildings have been absent more often than filled with workers since March when Gov. Gavin Newsom ordered Californians to stay home during the coronavirus (COVID-19) pandemic.

Top 5 Commercial Real Estate Deals in LA in 2020

By Greg Cornfield

The mixed-use complex includes 355,000 square feet of office space, and 16,500 square feet of studio and production space — all leased to Netflix.

Sunday Summary: Hooray for Hollywood!

By The Editors

Designed by Joey Shimoda of Shimoda Design Group, the Netflix on Vine development covers a full block at 1341 Vine Street.

Leases · Office

Netflix’s New Hollywood Office Revealed

By Greg Cornfield

The portfolio includes the 137-unit Canyon Drive Manor in Hollywood, half-a-block north of Hollywood Boulevard.

Sales · Residential

Raintree Partners Buys L.A. Multifamily Portfolio for $142M

By Greg Cornfield

LA North Studios will convert the space into a satellite soundstage hub when it opens in 2021.

Trammell Crow, Clarion Sign 114K SF Film Production Lease at L.A. Complex

By Greg Cornfield

Victor J. Coleman, chairman and CEO of Hudson Pacific Properties, at Sunset Gower Studios, the former Columbia Pictures Studios in Los Angeles in 2014.

Design + Construction

Hudson Pacific Advances Plans to Expand Hollywood Studio, Office Space

By Greg Cornfield

The tower includes approximately 222,000 square feet of space along Wilshire Boulevard.

Leases · Office

Jamison Inks Production Firm and Creative Agency for LA’s Miracle Mile Tower

By Greg Cornfield

The sun sets behind Downtown Los Angeles on September 30. Third quarter office leasing dropped 18 percent from the second quarter.

Leases · Office

LA Office Leasing Continued to Slide in Q3, Down 61 Percent From 2019

By Greg Cornfield

Thomas Barrack.

Sunday Summary: Colony Abandons Hotels

By The Editors

Netflix’s new space is at the Burbank Empire Center.

Leases · Office

Netflix Takes 171K SF in Burbank, Largest New LA County Office Lease in 2020

By Greg Cornfield

Larry Fink, founder, chairman and CEO of Blackrock.

Leases · Office

BlackRock CEO Latest Business Leader Who Doesn’t See Full Return to Office

By Greg Cornfield

A construction worker on a construction site for a tall building.

Sales · Development

Space Race: Investors and Developers Rethink Parking Garages Amid COVID

By Tom Acitelli

Actor Bradley Cooper on the set of Paul Thomas Anderson's new movie on Aug. 29.

Hollywood’s Restart From COVID Brings Higher Rents, Intense Demand for Studio Space

By Greg Cornfield

AMC theater, New York.

Repeal of Paramount Decrees Allows Movie Studios to Own Theater Chains

By Chava Gourarie

BLT Enterprises acquired the 200,000-square-foot Television Center, and will rename it the Hollywood Media Center.

Sales · Commercial

Updated: BLT Enterprises Scores Another Hollywood Studio for $64M

By Greg Cornfield