(Los Angeles, Calif.; December 12th, 2025) – Epicenter Land Corp (ELC) and Bain Capital have closed on Bain’s purchase of ELC’s property located at 1011 Lillian Way in Hollywood, which will be integrated into the planned Echelon Studios Television Center.
The Lillian Way property is an assemblage by Epicenter of three parcels comprising a full Hollywood city block. The property was acquired over the last 20 years by Epicenter as part of a strategic plan often used by ELC where properties located in premier areas are separately acquired and then merged to create higher value.
What is now a 75,000 square foot parcel has resulted in a strategic acquisition for Bain Capital and the BARDAS Investment Group. Bain Capital is a leading global private investment firm managing approximately $185 billion in assets. Bain is a major investor in BARDAS, which has become a leading developer of studio properties in Los Angeles, including the soon-to-be completed Echelon Studios Hollywood located on the site of the former Sears store.
Now, Epicenter’s former Lillian Way parcel will be integrated into another BARDAS development, the new Echelon Studios Television Center, which will be developed across the street at the historic Television Center. When completed, Echelon Studios Television Center will consist of approximately 650,000 square feet of production and creative office space consisting of reimagined sound stages, creative workspaces, bungalows and retail; built to support the full spectrum of content and culture.
For Epicenter’s Managing Partner Mikel Elliott, the sale of the Lillian Way property epitomizes the mission of Epicenter. “We are all about creating value for our shareholders,” said Elliott. “The Lillian Way property was strategic for us over the last 20 years and now we’re excited to see the transformation about to happen with Bain and Bardas”
About Epicenter Landcorp
Epicenter Landcorp creates industrial and commercial spaces that inspire our tenants to achieve more and do more. We do this with an experienced management team that consistently delivers above market returns for our stakeholders. Epicenter currently controls over one million square feet of real estate in Southern California and London, England, with a special focus on media-related and industrial properties, including land for development.
The executive team is led by Mikel Elliott, Managing Partner, and Vasco Noya di Lannoy, Chief Investment Officer. Mr. Elliott was the co-founder and former CEO of the legendary Quixote Studios, which was sold to a public company in 2022. Mr. Noya di Lannoy has invested in alternative assets, private equity and real estate for over 20 years and has been involved in transactions totaling $500 million.
Our capital partners include the family offices of Ambassador Rockwell Schnabel and Jordan Kitaen.
For more information, please visit the Epicenter website at www.epicentercorp.com.
(Tk Epicenter Lillian Way parcel)
