An Old Hollywood studio lot, called Television Center, gets new owners
August 4, 2020
Television Center, a Hollywood movie studio that was once home to Technicolor’s film-making laboratory and Metro Pictures Corp., has been sold for $64 million.
The 6.4-acre complex on Romaine Street was purchased by BLT Enterprises, a Santa Monica real estate company that has been expanding into Hollywood. With the acquisition, BLT now owns more than 250,000 square feet of office, production and studio space in the neighborhood, including four soundstages.
“Some people may think we’re crazy [buying] in the middle of the pandemic, but we have been acquiring properties in Hollywood in the last few years,” said Robert Solomon, head of development at BLT.
The seller was a private partnership.