Two Glendale office buildings, at 1011 and 1015 Grandview Ave., have sold to a reality television production company currently located in Van Nuys.
The Grandview Office Campus totals nearly 111,000 square feet and is located on 3.5 acres between San Fernando Road and West Glenoaks Boulevard, north of the 134 freeway, according to real estate data provider CoStar Group Inc. It includes a three-story parking structure and 500 parking spaces.
Bunim/Murray Productions, which has been creating reality TV since its “The Real World” debuted in 1987, paid $18.7 million for the office campus. The company currently produces several high-profile shows, including “Project Runway” and “Keeping Up With the Kardashians,” according to its website.
The Glendale property, which is undergoing renovation, had been listed for $17 million, according to CoStar. Seller Atlantic Pearl Investments Inc. of West Hollywood purchased the campus for about $11 million just over a year ago.
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