Dreamworks Animation’s Glendale HQ is up for sale — again.
The seven-building campus, which comes in at just under 500,000 square feet, has been put on the market by its owners, South Korea’s Hana Asset Management and L.A.-based Ocean West Capital Partners. The site is leased to Dreamworks until 2035.
The campus was built in 1997 in a mock-Tuscan style. In early 2015, a cash-strapped Dreamworks sold it for $185 million to Suntrust Banks, which promptly flipped it, selling it on to Griffin Capital for $215M. In 2017, Griffin sold it again for $290M to its current owners. Per Bisnow, which reported the news, the current sale is expected to be somewhere in the neighborhood of $350 million.
