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9050 Washington Boulevard

Updated Sep 11, 2026

Bilt advertisement
Fortress Investment Group Acquires Former Sony Pictures Animation Campus For $71 Million In Culver City
SOLDOffice

Fortress Investment Group Acquires Former Sony Pictures Animation Campus For $71 Million In Culver City

9050 Washington Boulevard

$71,000,000

$389/SF

Building Size

182,176 SF

Asset Type

Office

Closing

Sep 10, 2026

About this deal

AI

The property involved in this transaction is a former Sony Pictures Animation campus located at 9050 Washington Boulevard in Culver City, CA. This office asset spans a total of 182,176 square feet and was sold for $71,000,000, translating to a price per square foot of $390.

Summary of transaction details:

The deal was facilitated as Fortress Investment Group took ownership of the vacant property through a trustee’s sale. Fortress had acquired the property's approximate $104 million note and proceeded with foreclosure after Hackman Capital Partners defaulted on the loan. CBRE is currently marketing the campus, while the city of Culver City is considering a potential acquisition of the property.

Players

Michael Hackman

Broker

$1.2B

vol

10 deals

Broker

Drew McKnight

Fortress Investment Group

Buyer

$821.9M

vol

9 deals

Buyer

Michael Hackman

Hackman Capital Partners

Seller

$1.2B

vol

10 deals

Seller

Culver City Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $389 per square foot on a published $71M for 182,176 square feet (2026).

Visit Michael Hackman to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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