Culver City inks exclusive right to buy ex-Sony campus after Fortress takeover
The City of Culver City has the exclusive right to buy the ex-Sony Pictures campus. The creative office campus was owned by Hackman Capital Partners, until Michael Hackman’s outfit defaulted on its debt, and Fortress Investment Group took over. Fortress Investment Group declined to comment, and Culver City did not immediately respond to a request. The City Council and Culver City Public Finance Authority approved a purchase option agreement, the Culver City Observer reported on Oct. 1. The Real Deal previously reported that the city was in talks to buy the campus at 9050 Washington Boulevard. The agreement puts a […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Bar Shrimp uses laser-etched acoustic panels to balance music and conversation
Sylmar single-family lot joins string of properties targeted for small-lot homes
Original Farmers Market owner buys remains of historic Fairfax Theatre at 83% discount
The American Table-Setting Rules You Might Not Know
The Massive L.A. Home Sharon Osbourne Once Shared with Ozzy Just Got a $1 Million Price Cut
47 Amazon Stocking Stuffers That Will Impress Even The Pickiest People
This Wallpaper Turns Any Room Into a Jungle Fantasy
All of the Duke and Duchess of Kent’s Royal Homes
Disney drops $115M on Yamaha HQ near Anaheim
Catch This $875K Butterfly-Roofed Arizona Cabin Before It Flies Off the Market
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA