Help turn an ailing suburban mall into a motion picture studio

Help us assemble a team of investors to purchase and convert a suburban shopping mall into one of the east coast’s premier motion picture and television production facilities. A January 26, 2004 article in RealEstateJournal.com estimates a third of the nation’s shopping malls are obsolete with only 47 percent being in the top performing categories. Poorly performing malls “are often crime scenes and a drain on local tax rolls”, said the online magazine, but “expensive to demolish and nearly impossible to convert to another use”. Yet, the success of Silvercup Studios in Manhattan (see photo of Studio 1 above), built in a converted flour silo of the city’s landmark Silvercup Bakery, shows the potential of transforming large existing structures for production use. The possibilities in a large or even medium sized suburban mall for sound stages, television production studios, sound recording facilities and even conventional, satellite or Internet broadcasting studios is nearly endless. Space could be leased to independent production companies or rented by the day or hour. Additional space could be leased to retailers catering to studio and production employees including the lease of former restaurant space for an onsite studio commissary. If you have a production studio looking for a home or would otherwise like to invest, contact us here.