ViacomCBS has agreed to sell CBS Studio Center in Studio City for approximately $1.85 billion to a partnership formed by Hackman Capital Partners LLC and Square Mile Capital Management LLC, the companies announced today.
ViacomCBS has agreed to sell CBS Studio Center in Studio City for approximately $1.85 billion to a partnership formed by Hackman Capital Partners LLC and Square Mile Capital Management LLC, the companies announced today.
ViacomCBS has agreed to sell CBS Studio Center in Studio City for approximately $1.85 billion to a partnership formed by Hackman Capital Partners LLC and Square Mile Capital Management LLC, the companies announced today.
At closing, ViacomCBS will lease-back the Broadcast Center, which is home to television stations CBS 2 and KCAL 9; some of the proceeds will be invested in streaming