BLT Enterprises is diversifying into a new asset class. The investor has acquired four sound stages in Hollywood totaling 34,000 square feet. BLT says there is a lot of upside in sound stages due to the popularity of streaming. The purchase price was not disclosed.
The project features state-of-the-art amenities, including a permanent green screen and white cyclorama, fully equipped production offices, private dressing rooms, ample makeup and wardrobe rooms, full prep kitchens and private, drive-on capability and secure parking.
Aaron Wilder and Brad McCoy of Lee & Associates, West LA represented BLT in the acquisition.
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