CBRE Capital Markets’ Debt and Structured Finance team has successfully secured $130 million in construction financing for East End Studios’ latest project, the East End Studios – Mission Campus. The development, located in Downtown Los Angeles Arts District and expected to be completed by Q4 2025, will have a total cost of $230 million.
Led by SVP Greg Grant, the CBRE team provided expert guidance throughout the construction financing process and facilitated non-recourse funding from two balance sheet lenders. Situated at 2233-2251 Jesse St., within the Thirty Mile Zone (TMZ), this campus will feature five sound stages spanning over 100,000 square feet with column-free structures and impressive clear heights of 42 feet. Additionally, it will offer more than 150,000 square feet of offices including post-production workspaces,talent suites,and other amenities such as commissaryand mill areas.
According to Jonathon Yormak,the co-founderand managing principalofEastEndCapital,the parent organizationofEastEndStudios,”Los Angeles is known as one ofthe largestand most diverse production marketsintheworld,yetitstill lacks modern purpose-built stagesandsophisticatedcampuses.” He further added that their state-of-the-art design combined with their expertise in studio operations gave confidence to their capital sources regarding this project’s success.
This exciting news about DTLA’s newest studio campus was first reported on Connect CRE.
