Lee & Associates Arranges Sale of Van Nuys Film Studio

Esh Holder acquired the property for around $8.8 million in the tight Van Nuys submarket, which has an industrial vacancy rate below 1 percent.
Lee & Associates arranged the sale of a film production facility in the Van Nuys submarket of the San Fernando Valley of Los Angeles. Mike Tingus, Randy Kobata and Daniel Davis of the firm’s LA North/Ventura industrial team represented the buyer and seller in the transaction. Private investor Esh Holder, who owns other properties nearby, acquired the asset for around $8.8 million. The studio has operated as sound stages and production facilities for the past 30 years for shows such as Beverly Hills 90210 and Melrose Place…
Categories : Finance

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