CIM Group announced today that it has signed a lease with the Oprah Winfrey Network for three floors of the recently completed 98,000-square-foot, five-story creative office building, Formosa South at The Lot studios.
OWN is relocating to The Lot where it will and have access to the existing sound stages and other production facilities, according to a news release.
Formosa South building is the first in a series of new office buildings being developed at The Lot. It was designed to appeal to businesses which desire a studio environment with adjacent facilities, such as the commissary and sound stages, the release states.
The Lot is an 11-acre studio campus on Santa Monica Boulevard, bounded by Formosa Avenue and Poinsettia Place in West Hollywood, with seven sound stages, a commissary, and post-production and office buildings.
Many well-known movie productions, including the Best Years of Our Lives, Guys and Dolls, Westside Story and Some Like it Hot, have been filmed at The Lot since it was founded in 1919 by Mary Pickford and Douglas Fairbanks.
In September 1980 the studio was acquired by Warner Brothers and became known as the Warner Hollywood Studio. During this time Aaron Spelling Productions came to the studio and produced many popular television series, including The Love Boat and Dynasty. More recently, The Social Network and True Blood were produced at The Lot.