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UPDATED - SunTrust Banks Acquires DreamWorks HQ In $185M Sale-Leaseback

Transaction Part of Corporate Restructuing Plan After Box Office Misfires
CoStar News
February 25, 2015 | 5:50 P.M.

Scrambling to shore up its balance sheet after a $263.2 million fourth-quarter loss, DreamWorks Animation SKG Inc. has sold its 14.7-acre, ivy-covered headquarters campus in Glendale, CA, to an affiliate of SunTrust Banks, Inc. in a $185 million sale-leaseback deal.

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