DreamWorks Animation’s Glendale Campus Sold for $215 Million

DreamWorks Animation’s big picture brightened considerably Thursday, with news that its headquarters has been sold for $215 million to Griffin Capital.

The sale of the 14.7-acre facility was a key part of the recovery strategy detailed by chief executive Jeffrey Katzenberg in January, along with the cut of 500 jobs and scaling back of its 2015 slate to just one film, following a $263 million loss in the fourth quarter of 2014.

The sale, which should net DWA around $107.5 million after it...

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