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BLT Enterprises Acquires One of Hollywood’s Crown Jewels

Santa Monica-based BLT Enterprises acquired Television Center, a nearly 200,000 square-foot creative office and production campus in Hollywood for $64 million. The seller was an unnamed private partnership.

This ‘crown jewel’ property situated on 6.4 acres on Romaine Street is steeped in Hollywood tradition. It was the original headquarters of Technicolor, and the studio lot for the silent film giant, Metro Pictures, the forerunner of Metro-Goldwyn-Mayer.

BLT Enterprises’ Bernard Huberman says, “This was a once-in-a-generation opportunity to acquire an asset of this scale in the Hollywood Media District, which is undergoing a renaissance with the convergence of media and technology companies.”

Lee & Associates’ Brad McCoy, Dave Wilson and Aaron Wilder represented the buyer.

The acquisition boosts BLT’s Hollywood portfolio to more than 250,000 square feet of office, production and studio space.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition