CIM Group is looking for a buyer for The Lot on Formosa in West Hollywood, an historic 540K SF production facility where several classic films have been made and HBO currently produces some if its hit TV shows.
The 11-acre Lot on Formosa, located at 1041 North Formosa Ave. in West Hollywood, includes seven soundstages encompassing 87K SF, several historic production office buildings, new office buildings and two large parking garages built by CIM Group.
The studio property dates back to the silent film era in 1918, when it was owned by stars Mary Pickford and Douglas Fairbanks. Famous tenants have included Samuel Goldwyn, Howard Hughes and Frank Sinatra.
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