Recent Publications
First Piece of Well-Known Hollywood Developer's Property Portfolio Sells in Pandemic
An office building in the heart of Hollywood that is a creation of the late, well-known developer Jerry Snyder has been sold in a $186 million deal, a sign of bullishness on office demand by entertainment companies even as the pandemic weighs down Los Angeles' broader market.
JH Snyder sells Hollywood 959 complex for $186M
Lincoln Property Company and a real estate investment firm led by Russell Geyser paid $186 million for Hollywood 959, the office complex whose tenants include film and production companies — and ill-fated media startup Quibi.
Hollywood office campus sold to movie producer and partner real estate developer
An office campus across from Sunset Las Palmas Studios in Hollywood has sold for $186 million to a partnership between producer-investor Russell Geyser and office landlord and developer LPC West — a notable deal at a time when much of the commercial office market is reeling from vacancies brought on by the pandemic and recession.