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Own the Premier Independent Production Facility in Los Angeles, Ca, the Entertainment Capital of the World

Own the Premier Independent Production Facility in Los Angeles, Ca, the Entertainment Capital of the World

9336 Washington Boulevard Culver City, CA 90232

An Opportunity To Own The Premier Independent Production Facility In Los Angeles, Ca, The Entertainment Capital Of The World. Property Profile Square Footage Existing Buildings: Soundstages 154,714 SF Office/Support/Other 242,229 SF An Opportunity To Own , as exclusive advisor, is CBRE Leased Buildings* 43,874 SF pleased to present The Culver Studios, an The PremierProduction Independent Facility In Total Existing 396,943 SF The Entertainment outstanding investment opportunity with 14 acres Site Area (Acres)* 14.1 acres in West Los Angeles comprised of 396,943 square Capital Of The World. Number of Soundstages 13 feet of state-of-the-art stage and office space including a recently completed 47,153 square foot office building and 201 Years Built/Renovated 1918-1925-1988/2005-2007 space parking structure. The site currently offers 13 full service film Parking 756 spaces onsite, 50 offsite and television stages and related support space that are in constant * Total includes 43,874 square feet of buildings leased by The Culver Studios demand given the increasing shortage of independent stage space in the Los Angeles area. The new four story office/production facility (Building J) provides much needed additional support space at the Studio to satisfy incredible production office space demand.

Most famously known for being where Gone With The Wind and Citizen Kane were filmed, the landmark Studio has been in continuous operation since 1918 and has been home to feature films, television, Prominent Tenants commercials, music videos, and special events featuring a preferred West Los Angeles location. Today, the full Tenant Square Footage % of Project service studio is recognized as the premier independent production facility, with state-of-the-art resources and an FTP Productions 55,416 14% irreplaceable location in West Los Angeles, the preferred location for entertainment related companies and talent. NBC - Open for Business 45,021 11% Brigadier Productions - Million Dollar Money Drop 25,610 6% The Culver Studios presents the chance to join some of Hollywood’s legendary filmmakers who have owned the Studio: Thomas Ince, Cecille B. DeMille, Joseph P. Kennedy, , David O. Selznick, & , and Grant Tinker.

The Culver Studios is located at 9336 Washington Boulevard in the heart of Downtown Culver City just three blocks south of the Santa Monica (10) Freeway. The site encompasses an entire city block bordered by Washington Boulevard to the west, Ince Boulevard to the north, Lucerne Ave to the east, and Van Buren Place to the south. Notable Productions at the Studio Features Gone With the Wind Citizen Kane King Kong ET City Slickers The American President Armageddon A Star Is Born The King of Kings Tom Sawyer Stuart Little City Of Angels Galaxy Quest Contact What Women Want Wag The Dog The Family Stone The Polar Express Bewitched Blades of Glory All Quite on the Western Front Suspicion It’s A Wonderful Life Air Force One Beetlejuice Airplane A Soldier’s Story Rebecca Spellbound Rush Hour 3 Back to School Television The Andy Griffith Show Hogan’s Heroes The Untouchables The Adventures of Ozzie and Harriet Lassie Batman The Green Hornet Star Trek Las Vegas Deal or No Deal Baywatch Mad About You Arrested Development. The Nanny 1 vs 100 The A Team Music Eagles Madonna Michael Jackson Luis Miguel Goo Goo Dolls Fleetwood Mac Don Henley Ricky Martin Janet Jackson Mariah Carey Kelly Clarkson Tom Petty & The Heartbreakers Yanni Justin Timberlake Britney Spears Neil Diamond

INVESTMENT HIGHLIGHTS The Premier Full Service Independent Studio Facility in the World Leading Full Service Independent Studio Scarcity Value Given Diminishing Supply of Studio Facilities The Culver Studios features 13 full service film and television stages and In addition to the flexibility provided by the sound stage sizes, the With channel and content proliferation, the broadcast and support space including offices, writers bungalows, a mill, commissary, Culver Studios offers a full complement of services and irreplaceable cable network markets are forecast to rebound with aggressive Prominent Tenants gym, location sites and various staging areas. In total, these buildings landmarks on the lot which are not offered at many of the other growth in 2011 and 2012. This growth is forecast to yield Tenant Square Footage % of Project represent 396,943 square feet that have a history of strong occupancy independent studio facilities in Los Angeles. Some of these unique sustained demand for stage space and ancillary support FTP Productions 55,416 14% given the increasing shortage of independent stage space in the LA area. offerings include: the historic mansion which serves as the emblem for facilities. Interestingly, supply is being pulled from the market NBC - Open for Business 45,021 11% The studio has a distinguished history that features numerous acclaimed the Studios, an in-house lighting and grip department, set rental and by opportunistic redevelopment initiatives. As the insatiable Brigadier Productions - Million Dollar Money Drop 25,610 6% television and feature film productions. With stage sizes ranging from construction services, two screening rooms, medical facilities, state regional appetite for development sites continues to push 3,000 to 26,000 square feet, The Culver Studios offers a diversity of of the art health club facilities, both covered and surface parking, a land values to new heights, some studio properties have been stage sizes not available at any other studio facility in Los Angeles. The commissary, and a collection of charming writer’s bungalows. redeveloped for alternative uses, permanently reducing the varying stage sizes allow the Studio to lease soundstage space to feature finite supply of these unique facilities and creating a premium films, television, music videos, photography shoots, music rehearsals, Upside From Studio Operations for existing Studios. Recent examples of this trend include the and special events. Prior to current ownership, which has placed an emphasis on positioning redevelopment of KTTV Studios / Fox Television Center, the The Culver Studios as the leading independent studio while adding new acquisition of Ren-Mar Studios by RED, Ray-Art Studios, KCET, Advantageous West Los Angeles Location parking and production office space, the Studio was owned by Sony KCOP Studios, CBS Columbia Square, and the CFI Site. With As the only full service independent production facility in West Los Corporation from 1991 to 2004. Sony occupied the majority of the no meaningful new studio construction in the Los Angeles area, Angeles, The Culver Studios has long been the studio of choice for Studio during its ownership period and leased facilities to third party it appears this imbalance will be lasting and favors the studio independent producers and select network productions shot “off lot.” productions. Today, the Studio has been positioned to capitalize on owners. Increased studio demand in conjunction with diminished After economics, location is the primary consideration when producers increasing market rents for Studio soundstages and support facilities studio facility supply provides for strong rental rate growth select a property giving The Culver Studios a competitive advantage as well as to capitalize on a number of additional planned or in-process forecasts. for those producers and talent living in West Los Angeles that prefer value-add initiatives which remain available to the Buyer. These a facility in close proximity to their homes. The location in the heart of initiatives include additional development on the studio lot to maximize West Los Angeles provides access to a wealth of amenities and is just and modernize the office space. There are approximately 200,000 twenty minutes drive from the leading residential communities in Los square feet of additional entitlements that would be supported by the Angeles: Beverly Hills, Bel Air, Malibu, Pacific Palisades, Santa Monica, construction of an additional 319 parking spaces. Hollywood, and Manhattan Beach.

INVESTMENT CONTACTS Broker Lic. 00409987 KEVIN SHANNON 2221 Rosecrans Avenue, Suite 100 Vice Chairman El Segundo, CA 90245 Lic. 00836549 F. 310.363.4912 T 310.363.4910 [email protected]

TODD TYDLASKA Director Lic. 01329711 T 310.363.4902 [email protected]

KEN WHITE Senior Vice President Lic. 01788506 T 310.363.4901 [email protected] MARKET CONTACT ROB WALLER T 310.550.2536 [email protected] Lic. 00874585 DEBT CONTACT VALERIE K. ACHTEMEIER T 213.613.3109 [email protected] Lic. 01868169

© 2011 CBRE, Inc. This information has been ob-

tained from sources believed reliable. We have not

verified it and make no guarantee, warranty or repre-

sentation about it. Any projections, opinions, assump-

tions or estimates used are for example only and do

not represent the current or future performance of

the property. You and your advisors should conduct

a careful, independent investigation of the property

to determine to your satisfaction the suitability of the

property for your needs.