Summary

Hollywood’s soundstage boom drew billions of dollars from investors betting on film and TV shoots in the city. Then came the spending pullback. Six years ago, Los Angeles soundstages emerged as some of the most coveted properties in real estate. Studios were pouring money into original movies and TV shows, and seemingly every square foot of production space appeared to be spoken for, as it had been for a long time.

AI summaries can be wrong sometimes—always verify important details using the source article.