Done Deal: Google has Leased the Massive Spruce Goose Hangar in Playa Vista

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The Real Deal

By Hanna Miet

In 2014, Google spent almost $120 million on 12 acres of land adjacent to the “Spruce Goose” hangar in Playa Vista, where Howard Hughes built his famous airplane.

Now, the tech giant has fully leased the hangar itself, The Real Deal has exclusively learned.

Sources with knowledge of the transaction told The Real Deal that Google and landlord Ratkovich Company recently closed a lease deal for the 319,000-square-foot hangar at 5865 South Campus Center Drive. It was built in 1943 for aircraft assembly and has more recently been used for soundstages, set design and various elements of production. The hangar sits on the Hercules Campus, owned by Ratkovich and partner Invesco.

Read more at http://therealdeal.com/la/2016/06/03/done-deal-google-has-leased-the-massive-spruce-goose-hangar-in-playa-vista

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