CBRE Capital Markets’ Debt and Structured Finance team has successfully secured $130 million in construction financing for the development of a state-of-the-art studio campus in Downtown Los Angeles. The project, known as East End Studios – Mission Campus, is currently under construction and is expected to be completed by the fourth quarter of 2025.
Led by SVP Greg Grant, CBRE’s expert team advised East End Studios throughout the financing process and facilitated non-recourse funding through two balance sheet lenders. Located at 2233-2251 Jesse St., within the Thirty Mile Zone, this cutting-edge campus will feature five sound stages spanning over 100,000 square feet with column-free structures and impressive clear heights of 42 feet. In addition to this, it will also offer more than 150,000 square feet of offices including post-production workspaces,talent suites,and other amenities such as a commissaryand mill areas.
According to Jonathon Yormak,the co-founderand managing principalofEastEndCapital (the parent organization), “Los Angeles remains an undersupplied market when it comes to modern purpose-built stages and fully integrated campuses.” This sentiment was echoed by Grant who stated that “East End’s expertise in studio development along with their innovative design played a crucial role in securing capital for this project.”
This news was originally published on Connect CRE website.
