May 11, 2015
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.