Hackman Capital Partners is in talks to buy MBS Media Campus for roughly $700 million, according to industry sources.
MBS Media Campus, formerly known as Manhattan Beach Studios, is a 22-acre complex in Manhattan Beach.
Sources said Hackman was in talks to purchase the campus real estate for $400 million as well as a possible portion of the company, MBS Group, from the Carlyle Group for $300 million. MBS Group does studio services.
Requests for comment from Hackman and the Carlyle Group were not immediately returned.
Hackman has acquired other studio space around town recently. In December, the group announced it was purchasing CBS Television City for $750 million. The deal has since closed.
It also owns the Culver Studios which it is currently in the process of modernizing and expanding. Amazon Studios has signed leases for 530,000 square feet at the complex.
Commercial real estate reporter Hannah Madans can be reached at email@example.com. Follow her on Twitter @HannahMadans.
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