Entertainment company acquires 25,420 SF creative studio and office building in Los Angeles, CA for $8.625 million

 

                                   Nicole Mihalka

LOS ANGELES, CA – JLL announced XTR, a premium global nonfiction entertainment studio, has acquired BelleVarado Studios, a 25,420-square-foot freestanding creative studio and office complex located at 601-611 N. Alvarado Street and 2103-2127 Bellevue Avenue in Los Angeles for $8.625 million. 

                                         Caitlyn Ross

XTR will use the space for its headquarters which includes production and post-production facilities, a sound stage, recording studio and offices.

                                       Craig Ekedahl 

JLL’s Nicole Mihalka and Caitlyn Ross represented the seller, PAME 22, LLC. XTR was represented by Craig Ekedahl and Julie Spiker of Maisonre.

"We continue to see explosive demand for studio space in Los Angeles and content creators looking for places to grow,” said Mihalka, JLL Managing Director. “This was the perfect campus for XTR to expand their content on their own studio lot”

Julie Spiker

BelleVarado Studios is ideally located in the Echo Park area of Los Angeles, adjacent to the US 101 Freeway, providing convenient access to Hollywood, Downtown Los Angeles and neighboring communities.

BelleVarado Studios
 601-611 North Alvarado Street
 and 2103-2127 Bellevue Avenue
 in Los Angeles, CA 

 

It features high ceilings, concrete floors, exposed brick, bow-truss ceilings and a freestanding sound Stage with 18-foot clear height.

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

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