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First Piece of Well-Known Hollywood Developer's Property Portfolio Sells in Pandemic

International Firm Pairs on California Acquisition With Entertainment Executive, Scion of Real Estate Family

In 2015, J.H. Snyder Co. developed 959 Seward, a distinctive office and media production campus in Hollywood embellished with jewel-toned glass panels that evoke the movie industry's first experiments with color animation and film. (CoStar)
In 2015, J.H. Snyder Co. developed 959 Seward, a distinctive office and media production campus in Hollywood embellished with jewel-toned glass panels that evoke the movie industry's first experiments with color animation and film. (CoStar)

An office building in the heart of Hollywood that is a creation of the late, well-known developer Jerry Snyder has been sold in a $186 million deal, a sign of bullishness on office demand by entertainment companies even as the pandemic weighs down Los Angeles' broader market.

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