The burgeoning demand for studio and soundstage space from film and streaming content producers, which has generated more than a dozen big-ticket studio developments and transactions this year from New York to LA and places in between, has drawn the attention of the company with the world's largest industrial footprint.
Prologis, which globally owns more than 1B SF of industrial warehouse space, has filed plans to build a new studio complex in Downtown Los Angeles in proximity to the Arts District.
The studio, to be named Alameda Crossings, will include 10 soundstages and 291K SF of office and support space, will be built on the 9-acre site of a former Greyhound bus terminal at 1716 East Seventh Street that the San Francisco-based REIT purchased last year for $90M.
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