Minimum investment
$250k
Offering size
$40.7M
How much has sold
100.0%
Asset type
Studio/media facility
Location
Burbank, CA
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Burbank Media Studios combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (6)Hide sources (6)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Property address
- 3401 West Empire Avenue, Burbank, CA
- Property size
- 85,285 sq ft (studio/media facility)
How did it end?
No sale or other ending on record
Per the HGIT Q1 2026 10-Q filing summary and HGIT's Q4 2025 List of Subsidiaries (which lists HGIT 3401 Empire Ave Owner LLC and HREX BMS DST/Ground LeaseCo entities), HREX BMS DST holds Burbank Media Studios at 3401 West Empire Avenue, Burbank, CA; the Form D offering ran Aug 20 to Sep 12, 2025 and no disposition has been announced.
HREX BMS DST is the Hines Real Estate Exchange Delaware Statutory Trust holding 3401 Empire Ave (Burbank Media Studios), an 85,285-sf studio/media facility originally acquired by HGIT for $42.5M; SEC Form D filed Aug 20, 2025. No direct subscription/subscription-status coverage located.
85,285 sq ft (studio/media facility)Supporting evidence
Who's behind it?
- Sponsor
- Hines
- Legal Trust name
- HREX BMS, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 10 total offerings from Hines
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to Burbank Media Studios?
Top1031 lists Burbank Media Studios as historical. It is no longer raising money.
Where does Top1031 get the data for Burbank Media Studios?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Hines Buys 85K-sf Burbank Media StudiosTrade-press coverage of HGIT's acquisition of the 85,285-sf Burbank Media Studios asset for $42.5M. Hines Global Income Trust Buys Studio Space in BurbankHGIT acquired Burbank Media Studios at 3401 W Empire Ave for ~$42.5M; the asset houses the MSG Sphere prototype and was leased back to Madison Square Garden Entertainment.