Wednesday, December 17, 2014

Charles Dunn Company Tapped to Market State-of-the-Art Production Facility and Class A Office Complex in Simi Valley, CA


West Cochrane Studio, Adventist Media Center, Simi Valley, CA


LOS ANGELES, CA – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has been tapped to market a unique, state-of-the-art production and entertainment facility and Class A office complex in Simi Valley, a growing hotbed for the entertainment industry.

Located at 101 West Cochran Street, Dennis Slattery, executive managing director, and Stacy Vierheilig-Fraser, senior managing director, with Charles Dunn Company are marketing the asset on behalf of the seller and previous user, the Adventist Media Center, which is owned and operated by the North American Division of Seventh-day Adventists. 

The property is being offered at $14.25 million, and just under $119 per square foot.

“Nothing like this highly improved entertainment complex is currently on the market,” said Slattery. “This is truly a rare offering to acquire a world-class production facility for a fraction of the cost of competitive facilities in Los Angeles … and it is still strategically located within the 30-mile zone for use by union and non-union film projects on-site.”

Stacy Vierheilig-Fraser
Situated on just over seven acres, the office portion of the property was built in 1991 with the studio complex built in 2000 by the current owner who used the facilities to produce, edit and broadcast around the world. 

The property consists of two floors of office, two studio production stages (Stage A and Stage B), post-production editing suites, and warehouse space, along with other supporting features.

“This property has already garnered interest from a wide variety of potential buyers in the film, music and television industries. 

"We are looking to identify either a user or operator within the entertainment industry that sees the value and huge potential this property can offer them,” said Vierheilig-Fraser.

Fraser noted that the location provides access to the region’s highly-skilled and well-educated workforce, surrounding retail and dining amenities, and all the benefits of being within the City of Simi Valley which is very pro-business and pro-entertainment industry.

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224


1 comment:

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