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LOS ANGELES-Lincoln Property Co. has acquired an historic media production campus for $24.5 million in the heart of Hollywood and plans to spend $5 million to renovate for new tenants.

The two-building, 100,000-square-foot campus was originally built by Eastman Kodak Co. as the country ushered in the age of sound movies in the late 1920s. It is located at the corner of Santa Monica Blvd. and Las Palmas Ave.

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