Hines Global Income Trust, Inc. (“Hines Global”) acquired Burbank Media Studios, consisting of approximately 30,000 square feet of studio space in Burbank, California.
Located in the “Media Capital of the World,” the asset is occupied by Madison Square Garden Entertainment and is used for content creation and R&D space for future facilities, including the Las Vegas “Sphere” venue. The property neighbors several notable entertainment companies, including The Walt Disney Company, Warner Brothers, Netflix, Dreamworks, Nickelodeon, Cartoon Network, Legendary Pictures, and NBC Universal.