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Soundelux’s 25,000-Square-Foot Burbank Studios Are Up for Sale
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<blockquote data-quote="john coelho" data-source="post: 11157" data-attributes="member: 8086"><p>I am new to the SoundForum and wanted to alert members that Tiger Remarketing Services has been retained to market and sell, as a turnkey facility, the above referenced studios.</p><p></p><p>More detail here:</p><p></p><p><a href="http://www.studiodaily.com/2014/09/soundeluxs-25000-square-foot-burbank-studios-are-up-for-sale/" target="_blank">http://www.studiodaily.com/2014/09/soundeluxs-25000-square-foot-burbank-studios-are-up-for-sale/</a></p><p></p><p><strong>Soundelux’s 25,000-Square-Foot Burbank Studios Are Up for Sale</strong></p><p></p><p><span style="color: #666666"><span style="font-family: 'Arial'">Following Bankruptcy, Two Floors of Re-recording Stages Are Being Offered As 'Turnkey Operations</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'">Want to buy a world-class audio facility? The former Burbank studio operated by now-bankrupt Todd-Soundelux is up for sale.</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'">The remarketing services division of investment firm Tiger Group and auctioneer GA Global Partners are accepting offers for what is described as "complete turnkey operations" including a total of seven re-recording and ADR stages and other equipment in leased space spread across 25,000 square feet on two floors. </span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'">"This sale represents an opportunity to step into the void being left by the decommissioning of Todd-Soundelux's Burbank studios and the dismantling of the company's other mixing soundstages in Hollywood and Santa Monica," said Tiger Remarketing Services President Jeff Tanenbaum in a prepared statement.</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'">The property may be split into two individual floors in order to make it more attractive to smaller firms, Tanenbaum said. Two full-size stages for feature and broadcast audio post are on the first floor; the second floor has five smaller re-recording stages. All of the stages are built around Pro Tools systems.</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'">Todd-Soundelux filed for Chapter 11 bankruptcy protection in May. The holding company's brands included Todd-AO, Soundelux, and Pacific Ocean Post (POP) Sound. Post-production sound company Formosa Group last month <a href="http://www.studiodaily.com/2014/08/formosa-group-to-re-open-pop-sound-facility/" target="_blank">announced plans</a> to re-open the former POP Sound facility in Santa Monica that was shuttered earlier this year following the Todd-Soundelux bankruptcy.</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong>Tiger Remarketing Services:</strong> <a href="mailto:jtanenbaum@tigergroup.com">jtanenbaum@tigergroup.com</a> or 805-497-4999</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'">Thank you,</span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><span style="color: #595959"><strong>John </strong><strong>Coelho</strong></span></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><span style="color: #595959">Sr. VP - Remarketing Services</span></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><span style="color: #821300"><strong>Tiger Group </strong></span>|<strong> <strong>Asset Intelligent</strong></strong></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><strong><span style="color: #595959">84 State St. 4th Floor</span></strong></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><strong><span style="color: #595959">Boston, MA 02109 </span></strong></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><strong><span style="color: #595959">P: (617) 523-5866 | C: (617) 797-0430 | F: (617) 523-3007</span></strong></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><strong><span style="color: #1f50ff"><a href="mailto:rjannesar@TigerGroup.com">JCoelho@TigerGroup.com</a></span></strong></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><strong><strong><span style="color: #595959"><a href="http://www.tigergroup.com/" target="_blank">www.TigerGroup.com</a></span></strong></strong></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"></span></span></p></blockquote><p></p>
[QUOTE="john coelho, post: 11157, member: 8086"] I am new to the SoundForum and wanted to alert members that Tiger Remarketing Services has been retained to market and sell, as a turnkey facility, the above referenced studios. More detail here: [URL]http://www.studiodaily.com/2014/09/soundeluxs-25000-square-foot-burbank-studios-are-up-for-sale/[/URL] [B]Soundelux’s 25,000-Square-Foot Burbank Studios Are Up for Sale[/B] [COLOR=#666666][FONT=Arial]Following Bankruptcy, Two Floors of Re-recording Stages Are Being Offered As 'Turnkey Operations[/FONT][/COLOR] [COLOR=#666666][FONT=Arial]Want to buy a world-class audio facility? The former Burbank studio operated by now-bankrupt Todd-Soundelux is up for sale. The remarketing services division of investment firm Tiger Group and auctioneer GA Global Partners are accepting offers for what is described as "complete turnkey operations" including a total of seven re-recording and ADR stages and other equipment in leased space spread across 25,000 square feet on two floors. "This sale represents an opportunity to step into the void being left by the decommissioning of Todd-Soundelux's Burbank studios and the dismantling of the company's other mixing soundstages in Hollywood and Santa Monica," said Tiger Remarketing Services President Jeff Tanenbaum in a prepared statement. The property may be split into two individual floors in order to make it more attractive to smaller firms, Tanenbaum said. Two full-size stages for feature and broadcast audio post are on the first floor; the second floor has five smaller re-recording stages. All of the stages are built around Pro Tools systems. Todd-Soundelux filed for Chapter 11 bankruptcy protection in May. The holding company's brands included Todd-AO, Soundelux, and Pacific Ocean Post (POP) Sound. Post-production sound company Formosa Group last month [URL="http://www.studiodaily.com/2014/08/formosa-group-to-re-open-pop-sound-facility/"]announced plans[/URL] to re-open the former POP Sound facility in Santa Monica that was shuttered earlier this year following the Todd-Soundelux bankruptcy. [B]Tiger Remarketing Services:[/B] [EMAIL="jtanenbaum@tigergroup.com"]jtanenbaum@tigergroup.com[/EMAIL] or 805-497-4999 Thank you, [COLOR=#595959][B]John [/B][B]Coelho[/B][/COLOR] [B][COLOR=#595959]Sr. VP - Remarketing Services[/COLOR][/B] [B][COLOR=#821300][B]Tiger Group [/B][/COLOR]|[B] [B]Asset Intelligent[/B][/B][/B] [B][B][COLOR=#595959]84 State St. 4th Floor[/COLOR][/B][/B] [B][B][COLOR=#595959]Boston, MA 02109 [/COLOR][/B][/B] [B][B][COLOR=#595959]P: (617) 523-5866 | C: (617) 797-0430 | F: (617) 523-3007[/COLOR][/B][/B] [B][B][COLOR=#1f50ff][EMAIL="rjannesar@TigerGroup.com"]JCoelho@TigerGroup.com[/EMAIL][/COLOR][/B][/B] [B][B][COLOR=#595959][URL="http://www.tigergroup.com/"]www.TigerGroup.com[/URL][/COLOR][/B][/B] [/FONT][/COLOR] [/QUOTE]
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