Netflix Signs 10-Year Lease at Bronson Studios in L.A.
The deal was struck with Hudson Pacific Properties, which owns the stages and will consolidate Netflix’s presence in Hollywood over the next decade.
Neflix has signed a 10-year lease to occupy multiple stages at the Sunset Bronson Studios at 5800 W. Sunset Blvd. in Los Angeles.
The deal, which was struck with Hudson Pacific Properties, which owns the stages, will help consolidate Netflix’s presence in Hollywood over the next decade. The company has already agreed to lease the entire 323,000-square-foot, 14-story ICON office tower, which is currently under construction.
Netflix is expected to move into the ICON tower, which is also owned by Hudson Pacific, in early 2017.
“Netflix is one of the entertainment industry’s most innovative content producers, and we’re pleased to deepen our relationship," Victor Coleman, chairman and CEO of Hudson Pacific Properties, said Monday in a statement. "This deal also fulfills Hudson Pacific’s vision of bringing a major content producer to Hollywood, and highlights the changing nature of the studio business.”
Additionally, Hudson Pacific said it is aiming for a 2017 completion of a five-story, 96,000-square-foot creative office building called CUE, which will sit adjacent to the ICON tower.
Netflix is already shooting the TV show Girl Boss at Sunset Bronson Studios.