Advertisement

Sony Pictures Signs 10-Year Fox Hills Lease

Share

Sony Pictures Entertainment, continuing to grow beyond its big studio lot in Culver City, has agreed to lease a 40,000-square-foot office building that Japanese electronics giant NEC Corp. is vacating in the nearby Fox Hills district.

Sony last week signed a 10-year lease at 6025 W. Slauson Ave., a building owned by Kerdman Family Trust. The transaction is valued at more than $10 million, according to Seeley Co. brokers Steve Solomon and Craig Meyer. The trust hired the brokers to seek a new tenant several months ago when NEC announced it would leave the property by mid-August.

Cushman Realty Corp.’s Carl Muhlstein and Michael Burlant represented Sony.

Just a few weeks ago, Sony leased 26,000 square feet of office space for four years at a property called The Academy on Lankershim Boulevard in media-heavy North Hollywood. Muhlstein and Burlant also negotiated that deal on behalf of the tenant, while Scott Murphy negotiated in-house for property owner Prentiss Properties Trust.

Advertisement
Advertisement