10 Universal City Plaza, Universal City, California
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10 Universal City Plaza, Universal City, California
10 Universal City Plaza (10 UCP) is a 36-story rhombic office building in Universal City, California, in the United States. It was completed in 1984 by Hathaway Dinwiddie, and was designed by Skidmore, Owings & Merrill. The 154 m building contains of office space. It is the tallest building in the San Fernando Valley. French conglomerate Vivendi Universal sold the building to CarrAmerica Realty Corporation and Beacon Capital Partners in 2003, for $190 million. CarrAmerica is said to have owned 80% of this building, while Vivendi and NBC Universal own the remainder. The building was sold to Broadway Partners in December 2006. [1] The firm lost control of the building in March 2008 in an auction to a partnership between Normandy Real Estate Partners and Five Mile Capital Partners for $306 million after Broadway failed to service its massive debt load.[2] The building is home to NBC Universal; owner of NBC, Telemundo, USA Network, and Syfy. Other tenants include commercial real estate firm CB Richard Ellis. The building's largest tenant is Universal Music Group, owned by Vivendi. UMG and its various operations occupy more than half the building's office space. See also
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