Updated Sep 11, 2026
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:
- Property Type: Office
- Transaction Amount: $71,000,000
- Buyer: Drew McKnight & Jack Neumark - Fortress Investment Group
- Seller: Michael Hackman - Hackman Capital Partners
- Square Footage: 182,176
- Price per Square Foot: $390
- Market: Culver City, CA
- Date of Sale: 09/10/2026
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
Culver City Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Hackman to view all their deals.
Browse Culver City office sales on Traded.
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