Film Studio Real Estate Boom!
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Film Studio Real Estate Boom!

What is it and how is it being used?
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Why Film Studio CRE is booming Internationally: 
  • “I'm bullish because the consumer demand for content is the highest I've ever seen it. And this content needs to be developed somewhere,” Rahim Charania said. "The real estate market has not caught up to that demand."
  • “The demand for modern, well-run studio facilities in Ireland is very strong and is expected to remain so for the foreseeable future," Square Mile Capital CEO Craig Solomon said. "This opportunity to help meet that demand, and deliver a superior level of operating support to the creative companies that will use the facilities, is very attractive to us."
  • Expanded Tax Credit set to boost Illinois' growing film industry.
  • East End Capital to convert cold storage into movie studio.
  • Blackstone and Hudson to build £700m film and TV studio in the UK.

What You'll Learn: 

  • With a surging demand for film studio real estate, how are global developers, tenants and owners expanding their footprint to meet demand?
  • What design, amenities, and technological features are needed to satisfy tenants' needs for content creation and production?
  • With an explosion of streaming platforms and content production, how are offices being utilized by online streaming platforms like Netflix, Hulu?
  • How are industry experts innovating their studio facilities to accommodate tenant needs?
  • What are the hidden gem markets for studio expansion today?
  • What States are offering the best incentives for film studios? How does that stack up against Dublin or the U.K.?
  • Where is the capital coming from for current and future film studio development and expansion?
For questions, please email Brandon Elsasser at Brandon.Elsasser@Bisnow.com.

As most of you know, Assembly Atlanta is a 135 acre mixed use real-estate complex now owned entirely by Gray. It is located at the former side of the General Motors assembly plant in the city of Doraville, along the I-285 Perimeter Highway, just a few miles up the road from our offices here in Atlanta.

The signature component of Assembly Atlanta and its development is our 43 acre Assembly Studios complex. That section will feature soundstages, production offices, warehouse and mill buildings, studio bungalows, event space and multiple parking decks. Along with the Gibson Company as the developer and the construction manager and with our strategic advisers at JLL, the project went vertical in the second quarter when all the walls were erected for the first new soundstages that will be used by Gray’s Swirl Films. Construction will begin soon on the buildings that NBCU will utilize, and we currently expect that NBCU will be producing its first new shows at Assembly Studios in the second half of 2023, about a year from right now.

In addition to reaching a long term lease with NBCU, we also entered into additional agreements whereby NBCU will handle the day-to-day management of both Assembly Studios and our existing studio businesses at Third Well Studios
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