Wednesday, November 9, 2011

Former Columbia Pictures lot sold - Los Angeles Business from bizjournals:

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bought the property from Most recently, the lot was home to and is currentlh rented by severalproduction companies, includingg ABC. The studio lot, originally purchased by Harru Cohnin 1920, has a rich history. Amon the films created on the lotinclude "From Here to "Funny Girl," "It Happened One Night" and "Mr. Smith Goes to Also filmed on the lotwere long-runningb television shows, such as and "I Dream of Jeannie." Pick-Vanoff purchaseed the property in 1976, At that many of the soundstages were converted into tennis courts.
GI Partners said movies and television showa will continue to be filmed at the Projects in progress include the televisionseries "American Dreams" on NBC and "Sixs Feet Under" on HBO. Sunset-Gower is the thirsd studio to be soldthis year. In the historic Culver Studios in Culver whereCecile B. DeMille filmed silent was purchasedfor $80 million by a group of investorxs from El Segundo and New Last month, a Los Angeles investment firm reportedly paid close to $100 million for Manhattan Beach a 5-year-old studio. GI Partners manages a $526-million investment fund backed by the pensio n fundand , a Los Angeles-basesd real estate services company.
Most of its properties are telecommunications

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