Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Los Angeles  + Office  | 

Griffin Capital Takes DreamWorks Campus

DreamWorks Animation’s Glendale campus has traded for the second time in six months. Griffin Capital Essential Asset REIT bought the 14.7-acre complex for $215 million from SunTrust Banks, which bought the headquarters from the the entertainment firm in February for $185 million.

DreamWorks holds a lease on the property that costs the company $13.2 million annually. It initially sold its home base in part because of financial problems.

Griffin Capital, based in El Segundo, owns 71 office and industrial assets totaling 16.4 million square feet. CBRE brokered the purchase of the campus.

Connect

Inside The Story

Read More at Los Angeles Business Journal

About Connect CRE

Step 1: Select Education
  • ◦Financing
  • ◦Sale/Acquisition
LeeAssociates-25-cube
NewPoint-09-cube
Money360-27-cube
KidderMathews-04-cube