Manhattan Beach Studios
The South Bay is getting into show biz.
Prompted by a demand for sound stages that far outpaces the existing supply, an investment group led by Shamrock Holdings began construction in October on a $77-million movie/TV studio lot in Manhattan Beach.
Shamrock announced at the same time that Twentieth Century Fox Film Corp. has agreed to be the project’s anchor tenant. Fox signed a five-year lease for five of the 11 stages being developed, and has an option to lease six more.
When completed, the Manhattan Beach Studios will have 14 sound stages for television and movie production, office space and a commissary. The new studio lot, located on a 545,500-square-foot site formerly occupied by defense contractor TRW Inc., will be one of the largest independent studio lots ever built in the Los Angeles area.
Descriptions of deals 11 through 50 were written by staff reporters Jason Booth, Wade Daniels, Joyzelle Davis, Howard Fine, Sara Fisher, Larry Kanter, Hildy Medina, Frank Swertlow and Daniel Taub, along with contributing reporter Douglas Young