Sony Pictures Animation Campus Acquired by Hackman Capital

Sony Pictures animation campus
Courtesy of Hackman Capital Partners

The deal follows the financial firm's taking control of the Raleigh Studios complex in Hollywood to add to its entertainment property holdings.

Hackman Capital Partners and Square Mile Capital Management have acquired the Sony Pictures animation campus property in Los Angeles.

Terms of the deal, including price, for the art deco-style complex at 9050 Washington Blvd. in Culver City were not disclosed. The property is occupied by Sony’s animation department as an extension of the Hollywood studios' neighboring studio lot in downtown Culver City. The campus is across the street from The Culver Studios, which is home to Amazon Studios, and The Culver Steps, both of which are already owned by the Hackman Capital/Square Mile partnership.

Culver Studios, created by silent movie pioneer Thomas Ince, earlier served as the filming location for Citizen Kane, E.T., Gone With the Wind and The Matrix, among other films.

The Culver City area is a magnet for media, entertainment and technology businesses as part of an expanding multimedia hub in Los Angeles. “We have invested in Culver City for more than 15 years and are proud stakeholders of the city, which has experienced a vibrant revitalization and has attracted many of the world’s most innovative and important companies," Michael Hackman, CEO of Hackman Capital Partners, said in a statement.

On Jan. 22, Hackman Capital announced it was buying a stake in Raleigh Studios in Hollywood to take operational control of its 15 soundstages and production support space as part of a new venture with Raleigh Enterprises.