Palace Production Center SONO, Norwalk, Connecticut

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1 Unique Opprtunity Digital Media/Prductin Center fr Sale Palace Prductin Center SONO, Nrwalk, Cnnecticut The mst extensively utfitted Prductin/Digital Media Building between Bstn and New Yrk Asking $2,900,000 + ptin t purchase additinal FF&E Award-winning Palace Prductin Center is ne f the largest and mst well-knwn vertically integrated digital prductin media cmpanies n the east cast Lcated ff Interstate 95 at Exit 14 in trendy SONO, in Fairfield Cunty. 21,000 sf turn-f-the-century building, with extensive imprvements fr HD Prductin and Pst Prductin, Mtin graphics, animatin & VFX, Audi Recrding & Pst Radi & TV, Duplicatin and Distributin Excellent space fr innvative applicatins such as mtin capture and 3D animatin Pre-apprved fr 30% Prductin tax credit and pprtunity fr 20% Infrastructure tax credit Hme t netwrks e.g. AlphaStar, CBS, Outernet, Cmcast Outdr Life, CPBN

2 Palace Prductin Center - 29 Nrth Main Street in Nrwalk, CT, PrePrductin Prductin ffices Cnference and screening areas High speed internet and hard wired Ethernet Separate entrances & Security systems Prductin 50 by 70 ft sundstage 30 ft high studi with fully equipped grip and mtrized lighting gaffing Hard Walled White Cyc, sundprfed stage designed by Jaffee Acustics 270 degree Green Screen up t 30 feet high All supprt areas: wardrbe, hair & makeup, greenrm Refurbished theater staging platfrms in main huse, seating slped flr underneath fr easy cnversin Hard white Cyc, green screen.

3 Pst Prductin Supprt 5.1 sund recrding bth, multiple SD and HD editing suites Apple and Adbe HD edit suites Legacy master cntrl and backwards cmpatible VT frmats Ptential fr added intangible value in the frm f Infrastructure Tax Credit 20%; Prductin Tax Credit 30%; plus Enterprise Zne Incentives). Pssible assumable mrtgage. Humidity cntrlled basement, library/strage seat Digital screening rm ideal fr lng-term r shrt-term users. Parking 10 n site with an additinal 968 parking spaces allwed in city lt directly acrss the street/ and an additinal 755 parking spaces in the Maritime Center acrss Marshall Street, frm the subject. Easy apprvals by the City with guaranteed parking in public lt fr specific uses. Easy setup with the ptin t purchase existing furnishings and prductin equipment. Owner will cnsider participating as needed n a cntractual basis. High rf has beautiful views f SONO and the Nrwalk Harbr, lwer rf has deck fr relaxing Other Features Updated-t-cde building systems including 2 millisecnd switch t generatr, zned HVAC, sprinkler system, biler Humidity cntrlled archives strage Flating flr in the prductin area can be remved shuld a buyer want t return the space t a traditinal theater. Pssible assumable mrtgage Lcatin Fairfield Cunty is hme t a vibrant cmmunity f digital media and prductin including Blue Sky, NBC Sprts, Etc. SONO is knwn fr its histric waterfrnt character with direct access t the Lng Island Sund. Tw blcks t Metr Nrth s SONO train statin with express trains t Grand Central Statin in New Yrk Vibrant SONO cmmunity with restaurant rw, muti-cinema theater, Nrwalk s Maritime Aquarium, and mre. Within blcks f General Grwth Prperties SONO Cllectin, a new 700,000 square ft reginal mall t be anchred by Blmingdale and Nrdstrms. Prperty Breakdwn Mtin Picture, televisin, mtin capture and cmputer animatin studi with ffices 21,000 sf including basement and mezzanine 5,425 sf prductin studi with 30 ceiling heights, and fly huse with 70 ceiling heights 14,800 sf at frnt f building with lbby, cnference rms, pre-and pst- prductin ffices, mezzanine, and basement strage 3,264 sf engineering and edit suites 2,560 sf f basement media archives 1,568 sf f temperature cntrlled prp strage belw stage. Rental Optin Asking Price fr Lease **Owner will als cnsider renting the unit at $16-$24/Yr NNN

4 Flr Plans

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7 Lckwd-Mathews Museum and Park Sn Cllectin Reginal Mall under cnstructin Blmingdales Under Cnstructin Webster Parking Lt 968 spaces Maritime parking garage 755 spaces Palace Prductin Center Metr Nrth SONO Train Statin Maritime Aquarium SONO s Restaurant Rw

8 Histry f the Prperty, The Palace building is a 20,000 sf turn-f-the-20 th -century vaudeville theater t which substantial imprvements have been made ver the past 15 years, laying the fundatin fr the creatin f a 21 st century film and digital media prductin center, a landmark building in histric and trendy Suth Nrwalk. Originally built in 1890 as an 1,100-seat theater and because knwn as the theater yu play befre yu play the Palace in NewYrk. Mdernized in the 1940s and became a mvie theater until it was clsed in In 1975, the building was purchased and rehabilitated fr use as a hme fr a lcal ballet repertry cmpany. Mre Recently, In 1986, the Palace Theater was purchased by brthers Chris and Jim Campbell. They began the cnversin prcess frm an aging vaudeville theater int a state f the art vide and film prductin Center immediately. The building was cnverted and mdified frm the first and updated with every substantial technlgy and market change f the last thirty years. In the last decade alne ver $1.3 millin in pure building infrastructure investments have been made in additin t well ver a millin in equipment. Tday, it is arguably the mst state f the art turnkey facility between New Yrk and Bstn and includes hi definitin picture pstprductin, 5.1 audi pstprductin and a 50 X 70 sundstage. Palace is ne f the lngest cntinually perating prductin centers in the New Yrk Tri State area.