{"id":1004137520,"date":"2016-02-22T04:35:31","date_gmt":"2016-02-22T12:35:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004137520"},"modified":"2022-03-04T02:33:24","modified_gmt":"2022-03-04T10:33:24","slug":"cnn-tower-in-hollywood-acquired-by-tishman-speyer","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cnn-tower-in-hollywood-acquired-by-tishman-speyer\/","title":{"rendered":"CNN Tower in Hollywood Changes Hands"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

Los Angeles<\/strong>\u2013The building that houses CNN\u2019s west coast headquarters was recently acquired by Tishman Speyer<\/a> in a deal worth around $127 million. The New York-based company acquired the office asset from Broadreach Capital Partners<\/a> who worked Todd Tydlaska, Andrew Harper, Ryan Gallagher and Michael Leggett of HFF<\/a> during the sale process. An HFF team consisting of Mark Wintner and Todd Sugimoto provided acquisition financing for the buyer.<\/p>\n

\"6430<\/a>

6430 Sunset<\/p><\/div>\n

Located at 6430 Sunset Blvd., the 204,000-square foot office building is the home of CNN\u2019s west coast HQ. The property’s largest tenant is giant\u00a0entertainment marketing firm\u00a0BLT Communications. A five-story parking structure is adjacent to the 1968-built office tower.<\/p>\n

According to Tishman Speyer President &\u00a0 CEO Rob Speyer, the company is \u201cvery bullish on the Hollywood submarket as one of the key areas attracting growing companies with employees who want to live and work in a vibrant 24-hour community.\u201d<\/p>\n

The iconic office tower is well-known for the presence of the CNN logo at the top of the 14-story building. Tishman Speyer announced that it is looking to update the property \u201cfor today\u2019s workstyle\u201d, with growing demand from media, entertainment and tech companies informing the upcoming repositioning process.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Tishman reportedly paid more than $600 per square foot to acquire the office tower from Broadreach Capital Partners.<\/p>\n","protected":false},"author":41,"featured_media":1004137521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,21825,1594,21742,21747,15],"tags":[],"class_list":["post-1004137520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-finance","category-los-angeles","category-latest","category-office","category-west"],"acf":[],"yoast_head":"\nCNN Tower in Hollywood Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cnn-tower-in-hollywood-acquired-by-tishman-speyer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CNN Tower in Hollywood Changes Hands\" \/>\n<meta property=\"og:description\" content=\"Tishman reportedly paid more than $600 per square foot to acquire the office tower from Broadreach Capital Partners.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cnn-tower-in-hollywood-acquired-by-tishman-speyer\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-22T12:35:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T10:33:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/6430-Sunset.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"624\" \/>\n\t<meta property=\"og:image:height\" content=\"878\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alex Girda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cnn-tower-in-hollywood-acquired-by-tishman-speyer\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cnn-tower-in-hollywood-acquired-by-tishman-speyer\/\",\"name\":\"CNN Tower in Hollywood Changes Hands - 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