DreamWorks HQ Trades Hands In $290M Deal

Law360 (November 21, 2017) A real estate investment trust sponsored by asset manager Griffin Capital Co. LLC will sell the Glendale, California, home of DreamWorks Animation for $290 million, the company said Tuesday, in a deal that will see a subsidiary of South Korean firm Hana Asset Management Co. Ltd. take over the property. Guided by Allen Matkins Leck Gamble Mallory & Natsis LLP, Griffin Capital Essential Asset REIT Inc. will step away from the animation company's headquarters and studio campus, which consists of five buildings and 460,000 square feet. Griffin is represented by Anton N. Natsis of Allen Matkins Leck Gamble Mallory & Natsis LLP.