May 11, 2015 Comments Off on JH Snyder Signs First Tenant at Hollywood Development Views: 378 California News, Los Angeles

JH Snyder Signs First Tenant at Hollywood Development

JH Snyder has announced their first tenant at the creative office campus Hollywood 959.

Broad Green Pictures, a film production, financing and distribution company co-founded by billionaire hedge fund manager Gabriel Hammond and his brother Daniel, sealed the deal in early April, signing a 10-year lease for 36,000 square feet at the Hollywood 959 development. The transaction is valued at roughly $11.6 million, according to average asking rates for similar properties in the Hollywood market provided by CoStar Group Inc.

Construction of the building will be completed in August.

Read More at LA Business Journal

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