California-based private equity fund GI Partners has sold Sunset Gower
Studios to Hudson Capital.

GI Partners purchased the studio, formerly home to Columbia Pictures
for 50 years, in 2004 and transformed the lot into a modern
full-service independent studio.

Studio facilities include fibre-optic communications, CGI-ready
Cyclorama stages, 130-space parking structure, and remodeled
restaurant.

'We are still very bullish on Hollywood as the enduring centre of the
entertainment industry and we look forward to continuing to invest
throughout the media sector,' GI Partners executive managing director
Richard Magnuson said.

Built in the 1920s, Sunset Gower was home to many of Columbia's most
notable films, including Lawrence Of Arabia, From Here to Eternity,
Funny Girl, and Mr Smith Goes To Washington.

GI Partners was represented by CB Richard Ellis on the sale of the studio.

Hudson Capital is a private investment firm focused on the
acquisition, development and management of varied real estate assets.

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