Hudson Pacific Properties has acquired Quixote Studios

August 2022 — Hudson Pacific Properties, Inc. (NYSE: HPP) has acquired Quixote Studios.

Hudson Pacific Properties is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space.

Quixote Studios is a leading provider of sound stages and production services to the entertainment industry. Its largest clients include ABC/Disney, HBO, Sony, Paramount, NBC Universal and Warner Bros. as well as numerous blockbuster movies and hit television shows such as Apple’s The Morning Show, Paramount’s Yellowstone, HBO’s Curb Your Enthusiasm and Insecure, Disney’s Jungle Cruise and Marvel’s Avengers: Infinity War. Since its inception in 1995, Quixote has grown its business significantly in Los Angeles, New York, Atlanta and New Orleans while building a culture based on service and innovation. Quixote has 325 employees, over 500 cast trailers, trucks and specialized vehicles, one of the industry’s largest inventories of grip and lighting and production equipment.

Our role in the transaction

Oaklins Intrepid in Los Angeles provided buy-side advisory services to Hudson Pacific Properties and led buyer diligence and business negotiations.