Netflix Expands in Hollywood
ByAfter leasing 99,000 square feet of soundstages and other space at Sunset Bronson last September, Netflix has signed a deal to lease another 43,000 square feet at the famous Hollywood studio from Hudson Pacific Properties Inc.
The new space includes the historic mansion on Sunset Boulevard where the Warner Brothers had their office for decades.
“This latest lease with Netflix demonstrates Hudson Pacific’s success in locking in long-term lease agreements with top-tier content creators,” Bill Humphrey, Hudson Pacific Properties’ senior vice president, Sunset Studios, told Commercial PropertyExecutive. “The transaction also highlights the growing demand for the limited supply of stages in Hollywood and the desire by leading content creators to secure state-of-the art production facilities for the long term.”…
