Breaking News: ViacomCBS reaches $1.85-billion deal to sell Studio City lot

Breaking News
Nov. 30, 2021

ViacomCBS reaches $1.85-billion deal to sell Studio City lot

ViacomCBS has reached a $1.85-billion deal to sell the CBS Studio Center complex in Studio City - home to such landmark TV shows as "Seinfeld," "The Mary Tyler Moore Show," "Gilligan's Island" and "It's Always Sunny in Philadelphia."

Real estate investors Hackman Capital Partners and Square Mile Capital Management teamed up to win the competitive auction for the 55-acre Radford Avenue property.
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