Silicon Valley-based Silver Lake to invest $500 million to expand Shadowbox Studios

Silver Lake, a private equity firm specializing in technology, is investing $500 million to develop Shadowbox Studios, a production company formerly known as Blackhall Studios.

The money will be used to help fund ongoing sound stage development projects in London, Los Angeles and Atlanta which have an estimated monetary investment of $1.5 billion. Commonwealth Asset Management is the majority shareholder of the project as it stands.

Silver Lake has over $88 billion in committed capital and combined assets under management. Commonwealth manages assets totaling approximately $1.7 billion.

Shadowbox currently operates an 850,000 square foot studio in Atlanta with nine sound stages that have housed Jungle Cruise, Godzilla: King of the Monstersand Jumanji: the next level. The completed expansion of the studio will allow it to have 22 additional new sound stages and an additional 1.2 million square feet of space.

The company has also launched its Shinfield Studio project in the UK, completing the initial 150,000 square feet and in Los Angeles they are developing 19 sound stages, on a 1.3 million square foot site in Santa Clarita.

Upon completion of the significant development, the company will have 68 sound stages in its portfolio with over 4.2 million square feet of leasable area. The project will make Shadowbox one of the largest operators in the industry and, with content growth, a leading provider of streaming services and broadcasters looking to lease production space.

“The combination of Shadowbox’s premier facilities in Tier 1 production centers and deep relationships in the production landscape enables the company to support the world’s top content producers as they grow their businesses. “said Lee Wittlinger, General Manager of Silver Lake.

“Consumer demand for premium film and television content, coupled with the growing number of producers, has resulted in an outsized demand for sound stage capacity. There is a long avenue for growth for the industry as a whole, and we are excited to partner with Shadowbox to expand the company’s service offerings and deliver premium sound installations in key production markets. global.

Social rise

Commercial real estate investor, Hamza Ali has acquired, invested and developed over $270,000,000 in commercial real estate. He uses social media to raise funds, teach his strategies and grow his following.

His strategies include automating the leasing process of his developments to make it easier for potential clients and fundraising for commercial real estate through social media.

He notably turned a $1 million development into a $16 million release and raised over $5 million on TikTok for investments.

“The commercial real estate market is very exciting right now.” He said.

“Things have changed drastically and with them have come huge opportunities. Of course, people are going to the office less in malls, but other types of commercial real estate have increased dramatically. television are a prime example.

Ali added, “What you will see is an environment where big projects will use big studios to film, and there will surely be an abundance of big projects due to the increase in platforms. But what about mid-size projects and over-priced mid-size films? There is a great opportunity for commercial real estate developers to create more for this market. The film and television industry is not going anywhere, now is a good time to get involved in these pieces of infrastructure.

Ali aims to further disrupt the real estate industry through his systems so that there is not a huge barrier to entry for newcomers trying to enter the commercial real estate market.

He continued, “Real estate should always have a level of upward mobility in my opinion. Being an immigrant coming to the United States and trying to get bank loans and raise capital was difficult. I slowly grew and theorized new and, what I consider, innovative ways of doing things.I hope more people see my content and understand that this is an exciting market to get involved in.

With companies like Shadowbox being at the higher end of the industry, perhaps through further growth and understanding in the future, we will see more influence across the board in the real estate market. commercial.

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