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Netflix is in advanced talks to buy the historic Radford Studio Center in Studio City, Los Angeles, sources told multiple outlets on April 22, 2026.
Goldman Sachs, which took control of the 55-acre property after lender action earlier this year, is expected to sell the lot for roughly $330 million, according to The Hollywood Reporter; other reports have cited figures closer to $400 million.
Radford ā a nearly 100-year-old campus with 22 soundstages, backlots and dozens of office buildings ā was owned by Hackman Capital Partners and Square Mile after a 2021 acquisition that preceded occupancy declines, a mortgage default and plans for a stalled $1 billion renovation.
Netflix is already a major Los Angeles tenant with large leases at Sunset Studios and Raleigh locations and has been expanding studio assets elsewhere, including ABQ Studios and a planned $1 billion build at Fort Monmouth, New Jersey.
Industry sources say the sale, if completed, would be the first major production-campus transaction in more than five years and could reset valuations and lending benchmarks for studio real estate amid a prolonged production slump in the region.
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The Hollywood ReporterNetflix In Final Talks to Buy Radford Studio Lot at Around $330 Million Price Tag
Deadline HollywoodNetflix In Negotiations To Buy Radford Studios








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