King Street Capital Management has partnered with real estate investment trust AIMCo and an unnamed sovereign wealth fund to acquire and develop three production studios in the L.A. market with a total capitalization of more than $500 million.  

The three companies, which have formed a joint venture, are working with East End Studios in Glendale on the project, which will deliver about 750,000 square feet of stage and ancillary space.   

Two of the development sites are in Glendale, while the third is located near the Arts District in downtown Los Angeles. 

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