relationship

H&R REIT — Hackman Capital / Square Mile — 9050 Washington sale, January 2021

2021-01-25 January 2021 Completed January 25, 2021
At a glance

Primary seller and buyer records establish the transfer of the Sony Pictures Animation Campus in January 2021. H&R Real Estate Investment Trust reports selling its 172,039-square-foot Culver City office property at 9050 W. Washington Boulevard on January 25, 2021 for US$165 million. Hackman Capital Partners announced January 26 that Hackman and Square Mile Capital Management had acquired the Sony Pictures Animation Campus. H&R reports that it had acquired the property in May 2004 for US$60.3 million and repaid approximately US$13 million in associated mortgages at the 2021 closing.

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Direct property sale / acquisition relationship Direct primary seller financial filing and direct buyer acquisition announcement
What the record shows

Key facts

Amount
$165 million
Address
9050 Washington Boulevard, Culver City, CA 90232
Financial context
H&R sold the property January 25, 2021 for US$165 million; Hackman Capital Partners and Square Mile Capital Management are identified by Hackman as the acquirers.
Documented amounts
US$165 million sale price · US$60.3 million H&R acquisition cost in May 2004 · approximately US$13 million associated mortgages repaid by H&R at closing
Seller
H&R Real Estate Investment Trust
Sale Date
2021-01-25
Sale Price Usd
165000000
Seller Prior Acquisition Date
2004-05
Seller Prior Acquisition Cost Usd
60300000
Seller Mortgages Repaid At Closing Usd
13000000
Seller Reported Square Feet
172039
Evidence

Sources

Q1 2021 Mar 31 Complete Report Open source → Q4 2020 Dec 31 Complete Report Open source → Hackman Capital Partners Acquires Sony Pictures Animation Campus In Culver City Open source → Office Sales Rise Raise Hope Recovery Open source → 99199b68 E4fe 4146 9df7 8d662577ee4c Open source →
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Linked records

Direct links named in this record: people, organizations, properties, projects, events and other canonical archive records.

People
Michael Hackman
Organizations
H&R Real Estate Investment TrustHackman Capital PartnersSquare Mile Capital Management
Properties
Sony Pictures Animation Campus9050 Washington Boulevard9094 Washington Boulevard
Financial entities
H&R Real Estate Investment TrustSquare Mile Capital Management
Developers
Hackman Capital Partners
More context

Related records

Ranked by documented overlap such as a shared project, property, person, organization, event, relationship, or an explicit link between records.

organization

Hackman Capital Partners

Real estate development, investment and operating company with multiple documented Culver City properties, projects, financing relationships, corporate affiliates and pro…

Strategic manager, renovation/marketing/leasing lead for Conjunctive Points portfolio beginning in 2024Other party's negotiator for multiple Culver City/PFA property-negotiation items in 2026DevelopmentReal estate
Directly linked from this record · Links back to this record
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organization

CF CC Investor LLC

Entity identified in 2026 records concerning the former Sony Pictures Animation campus at 9050 Washington Boulevard. The Registry identified CF CC Investor LLC in May 202…

Reported lender — 9050 Washington BoulevardOther party's negotiator — September 14, 2026 Culver City closed-session agendaSeller / option counterparty — September 28, 2026 Culver City Public Finance Authority purchase optionCommercial real estate finance
Directly linked from this record · Links back to this record
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event

September 14, 2026 Culver City Real Property Negotiations

Culver City's September 14, 2026 City Council/Public Finance Authority agenda included at least four property-negotiation items material to CCR: 9050 Washington Boulevard…

Odis Jones — City Manager / Executive Director and negotiatorAdam Troy — Assistant City Manager and negotiatorCF CC Investor LLC — other party's negotiator for 9050 Washington BoulevardMichael Hackman / Hackman Capital Partners — other party's negotiator for 9300 Culver / Ince / Lindblade group
Links back to this record · Same property: Sony Pictures Animation Campus
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Archive indexing

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Context note

This record resolves the principal acquisition-date uncertainty using contemporaneous primary sources. H&R's primary filing gives January 25, 2021 and US$165 million; Hackman's announcement identifies Hackman Capital Partners and Square Mile Capital Management as the acquirers. Later 2026 Los Angeles Business Journal reporting that described a 2019 Hackman/Affinius acquisition for $160 million is retained elsewhere as conflicting later reporting. Market reports identify the transaction address as 9094 and 9050 Washington Boulevard, whereas the primary transaction sources use 9050; the address variation is preserved rather than normalized away.

People
Michael Hackman
Organizations
H&R Real Estate Investment TrustHackman Capital PartnersSquare Mile Capital ManagementSony Pictures Entertainment
Properties
Sony Pictures Animation Campus9050 Washington Boulevard9094 Washington Boulevard
Relationships
H&R REIT → Hackman Capital Partners / Square Mile Capital Management — sale/acquisition of Sony Pictures Animation Campus
Financial entities
H&R Real Estate Investment TrustSquare Mile Capital Management
Developers
Hackman Capital Partners
Owners
H&R Real Estate Investment Trust (former owner through January 25, 2021)
Roles
H&R Real Estate Investment Trust — sellerHackman Capital Partners — buyer / acquisition partnerSquare Mile Capital Management — buyer / acquisition partner
Categories
Property acquisitionProperty dispositionCommercial real estateInvestment partnership
Themes
AcquisitionProperty ownershipCommercial real estateEntertainment real estate
Money context
US$165 million January 2021 saleUS$60.3 million H&R May 2004 acquisition costapproximately US$13 million H&R mortgages repaid at closing
Financing
Square Mile Capital Management
Addresses
9050 Washington Boulevard, Culver City, CA 902329094 Washington Boulevard, Culver City, CA
Amounts
US$165 million sale priceUS$60.3 million H&R acquisition cost in May 2004approximately US$13 million associated mortgages repaid by H&R at closing