Pursuits
Chelsea Market Owner Purchases L.A. Complex Housing IMAX
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The firm that owns New York’s One Times Square, where the ball drops each New Year’s Eve, bought a California office-and-studio complex that houses Dick Clark Productions and big-screen movie-theater operator IMAX Corp.
Jamestown, which also owns Chelsea Market in New York, bought the 484,840-square-foot (45,043-square-meter) Lantana campus in Santa Monica from Lionstone Group, Atlanta-based Jamestown said today in a statement. The purchase price was about $310 million, according to a person with knowledge of the transaction.