Netflix Pre-Leases Entire Hollywood Building

Photo credit: Hudson Pacific

Netflix has pre-leased 100% of Hudson Pacific Properties' Icon office building at Sunset Bronson Studios (5800 W Sunset Blvd) in Hollywood.

A growing Netflix had leased 200k SF of the building last year. An additional lease was signed earlier this month for the remaining five floors, which adds up to another 123k SF, The Real Deal reports.

The building is reportedly yielding the highest rent in Hollywood. It is scheduled to be completed by early next year at the latest. Hudson Pacific also has submitted plans for an 18-story office building across the street. [TRD]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer