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SOUTHERN CALIFORNIA NEWS
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Post Production Company Spends $13 Mil on Toluca Lake Complex

5/03/16

Blueprint Post Production purchased a 60.1k sf office complex in Toluca Lake. The property, located at 4142, 4144 and 4146 Lankershim Blvd, south of the 134 Fwy and east of the 101 Fwy, traded for $13 mil, or $216/sf.

The complex consists of three buildings built in 1964, 1977 and 1987. The property is adjacent to Universal City, and is close to NBC Universal and CBS Paramount, as well as the 101 and 170 freeways.

Blueprint Post Production is a post-production services company that provides production office space, editing bays, online and audio finishing for the both television and film. The company plans to occupy 60 percent of the property for use as post-production space servicing its clients in the entertainment industry. The company was already the largest tenant at this property prior to the sale.

Stacy Vierheilig-Fraser with Charles Dunn Company represented the buyer and the seller, Lankershim Media Center Associates, LP, an entity of LS Capital, an owner and operator of multi-tenant retail and industrial properties. Established in 1998, the firm has assets in 11 states.





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