Tim Lee Tim Lee is the VP of corporate development and legal affairs at Olive Hill Group.

Office investors are keeping an eye on the potential merger between Disney and Fox. While the deal is months from going through—and includes a bid from Comcast—a Disney/Fox merger could mean significant office consolidation in Los Angeles at the beginning of next year. Olive Hill Group is one office investor that is watching the deal closely, and the firm is being cautious about new investments in Los Angeles submarkets, like Burbank, that might see an increase in supply.

“One of the things that we are keeping an eye on is the Disney and Fox potential merger,” Tim Lee, VP of Corporate Development and Legal Affairs at Olive Hill Group, tells GlobeSt.com. “Comcast has just jumped in to the ring in the last couple of weeks to submit and all-cash offer, and Disney is weighing its options. If Disney and Fox tie-up goes through as originally planned, there is some concern that there will be some consolidation and some giving back of space. There is a lot of overlap in the L.A. market between the two firms. If Fox goes to Comcast, there is not as much overlap, and ultimately that merger option might be better for the market because any kind of consolidation will be less severe than a Disney-Fox tie-up.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.