Atlanta & Southeast News In Your Inbox
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Doraville’s Third Rail Studios Trades to Gray Television
After six years of strong occupancy, serving tenants such as Warner Brothers, NBC and Netflix, Third Rail Studios is now under the new ownership of Gray Television upon the finalization of a deal this week. Capstone South sold the Doraville, GA film and TV production facility, which it developed, for an undisclosed sum.
“We set out to make Third Rail Studios a special, welcoming place for our productions as well as a catalyst for good in the community,” said Third Rail Studios president Dan Rosenfelt. “We’re happy that we’ve exceeded those goals and are passing the torch on a high note.”
Capstone South president Michael Hahn said, “I am proud of what Dan and I accomplished over the last six years. Not only was Third Rail a successful real estate investment, but it drove economic activity and job creation both locally and for the state of Georgia.”
- ◦Sale/Acquisition
