New soundstages planned in Burbank after studio sale
LA TimesThe former NBC Studios, which was home to such talk show giants as Johnny Carson, above right, and Jay Leno, has sold for $375 million to a local developer who previously owned the property and plans to add more soundstages to the legendary lot. The former NBC Studios, in what TV host Johnny Carson used to call “beautiful downtown Burbank,” has sold for $375 million to a local developer who previously owned the property and plans to add more soundstages to the legendary lot. Although dozens of new soundstages have been built or planned in the Los Angeles region in recent years, there is room for more in Burbank, said Jeff Worthe, president of Worthe Real Estate Group. As part of the deal, Worthe and Stockbridge also purchased the Ranch Lot in Burbank from Warner Bros., which agreed to remain as a tenant and rent more than 900,000 square feet of new office space and soundstages at that property.
History of this topic
Discover Related
