Netflix Seeks Radford Studio Lot as Foreclosure Auction Heats Up

Netflix is among the leading bidders for the Radford Studios lot in Studio City, a 55-acre property that Hackman Capital Partners put into foreclosure and that Goldman Sachs is seeking to sell, with rumors circling around a roughly $400 million price; no deal is finalized yet, but Netflix is considered a top contender, while Hackman remains involved and both sides declined to comment. The sale fits into Netflix’s broader studio expansion strategy, including a planned $1 billion Fort Monmouth project and various incentive programs elsewhere.