In the Press
May 2, 2023

New Atlanta Film and TV Studio Prepares to Open As Writers’ Strike Begins (CoStar News)

The developers of a $60 million television and film studio in the Atlanta area powered by renewable energy are wrapping up production on the new complex — just as television writers strike to try to win better pay, CoStar News reports. Strike aside, demand for rentable space at film and TV soundstages and studios far outstrips supply, Real Estate partners Raymond Fang and Alex Jacobs wrote in a research report. That’s increasing the appeal for real estate investors in film and studio developments. “The current supply of purpose-built studios in key geographies is insufficient to keep pace with the rising demand for new content,” Fang and Jacobs wrote. “This shortage is placing sustained upward pressure on rents, driving up capital values and the case for new development and investment in the sector."