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California  + Los Angeles  + Office  | 

Hasbro to Relocate LA Teams to West Hollywood

Hasbro has signed a long-term lease for 31,435 square feet in the Formosa West office building at The Lot at Formosa, a historic entertainment production campus in West Hollywood. The games, IP and toy company will occupy the third floor and part of the fourth floor in the Formosa West building and is expected to take occupancy in the first quarter of 2027.

“This move marks a new chapter for Hasbro, bringing our teams into the heart of West Hollywood and closer to the partners we collaborate with every day,” said Kim Boyd, president of global licensing and entertainment at Hasbro. “We’re excited to join the creative legacy of The Lot at Formosa and invest in a dynamic new home for Hasbro’s LA-based teams who work across film, television, digital content, gaming, toys, licensing and our growing AI studio.”

Nicole Mihalka of CBRE, Hayley Blockley of JLL and Blake Eckert with CIM Group represented ownership in leasing negotiations. Originally built in 1918, The Lot at Formosa spans 11 acres of production and support space along Santa Monica Boulevard, including seven sound stages, historic production office buildings, three modern office buildings, and two large-format parking structures. CIM acquired the property in 2007.

Photo courtesy of CBRE.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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