Dreamworks Animation’s Glendale HQ is changing hands for the fourth time since 2015.
The seven-building campus, which comes in at around 450,000 square feet, will be purchased by New York-based Brookfield Properties, Real Estate Alert reports. The real estate firm will acquire the property for $327 million from South Korea’s Hana Asset Management and L.A.-based Ocean West Capital Partners.
Sources say the deal is expected to close next month. The site is leased to Dreamworks until 2035.