Michael Schneider Variety Editor at LargeViacomCBS’ sell-off of its iconic real estate properties may next include the CBS Studio Center, popularly known as the “CBS Radford lot,” in Studio City.
In a memo to staffers, CBS CEO George Cheeks confirmed that it had hired commercial real estate firm JLL to explore a potential sale of the Radford campus.The news comes following last week’s sale of CBS’ iconic New York headquarters, the Black Rock skyscraper, for $760 million to real estate investment firm Harbor Group International.
In Los Angeles, CBS Corp. sold its similarly iconic Television City property in the Fairfax district to real estate investment company Hackman Capital Partners for $750 million in 2018.CBS’ entertainment division.
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