Hackman Capital Partners is in talks to buy MBS Media Campus in Manhattan Beach for roughly $700 million, according to industry sources.
Hackman is one of a handful of local
property owners with deep portfolios of soundstages and studio buildings. The 22-acre MBS Media Campus, formerly known as Manhattan Beach Studios, would add another studio lot to Hackman’s roster.
Sources said Hackman was in talks to
buy the campus for $400 million as well as a possible portion of the company on the property, MBS Group, from Carlyle Group for $300 million.
Hackman and Carlyle Group did not
respond to requests for comment.
Hackman has acquired other studio space around town recently. In December, the group broke ground on a project at Culver Studios to modernize and double the size of the space. The facilities will have 720,850 square feet, including 96,263 square feet of stages. Amazon Studios has signed leases for 530,000 square feet at the complex.
The group also recently finalized its
purchase of the CBS Television City lot at Fairfax Avenue and Beverly Boulevard for $750 million.
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