Home » Entertainment

DreamWorks Animation’s luxurious Glendale campus sold to South Korean investors

in Entertainment, Movies, Movies & TV

Posted on by Mike Mack
Shrek, Puss in Boots, and Donkey cheerfully pose together for fans at DreamWorks Animation Glendale, sharing a group hug and big smiles just like you’d see meeting them at your favorite movie-themed attraction.

DreamWorks Animation, the studio responsible for hit film franchises like “Shrek,” “How to Train Your Dragon,” and “Kung Fu Panda,” currently leases a campus in Glendale, California.

As of today, that impressive campus has new owners. An entity consisting of Hana Asset Management, one of the largest financial groups in South Korea, and Ocean West Capital Partners, a Los Angeles asset manager, has purchased the campus for $290 million.

Guests stroll past the iconic arched, ivy-draped entrance to DreamWorks Animation’s Glendale campus, catching a glimpse of studio life and parked cars just beyond the gates.
Photo courtesy of Los Angeles Times

DreamWorks sold the campus in 2015 and has been leasing it since. The studio currently has 16 years remaining on its current lease of the campus and will remain in that location.

DreamWorks Animation was purchased last year by NBCUniversal for $3.8 billion.

Source: LATimes

in Entertainment, Movies, Movies & TV

Tagged:DreamWorks

Mike Mack

Mike is a writer that has covered comic cons, theme park events, video game showcases and other fun events. He is a fan of theme parks, sports, movies, Marvel comics and is a self proclaimed "nerd."

Comments Off on DreamWorks Animation’s luxurious Glendale campus sold to South Korean investors