Joint Venture Acquires the Home of Telepictures Productions
By
Tony Seruga
Victory Studios has been a Glendale staple for nearly half a century.
Los Angeles – L.A.’s ever-flourishing media industry has inspired yet another
real estate transaction. Avison Young recently reported the successful sale of a television production and broadcast center. The property known as Victory Studios was purchased for $15.37 million by a joint venture between Hileman Cowley Partners and LLJ Ventures. Financing for the deal was provided by Mike Guterman and Brad Sevier of Highland Realty Capital, who worked on behalf of the joint venture…
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