CLIENT: Albuquerque Studios
LOCATION: Albuquerque, New Mexico
SERVICES: Property condition assessment
ASSET TYPES: Arts, Culture, & Entertainment
Albuquerque Studios consists of six buildings including production offices, sound stages, set design and construction, and a central plant totaling approximately 377,016 square feet. Marx|Okubo was engaged to perform a property condition assessment of the facility for acquisition by Netflix Studios, LLC.
Special consideration was given to long-span, deep-profile steel trusses of the studio buildings and the condition of the central plant. In addition, Marx|Okubo found that the exterior building and site materials had shortened expected useful life due to harsh weather conditions of the region. Marx|Okubo advised the client accordingly so they could ensure that their property would have the necessary materials necessary to withstand the weather in which it is located. Although the site was originally designed as a private campus, some portions had been made available to tours by the public, which posed a challenge in evaluating the specific accessibility requirements of the site. Marx|Okubo helped the client extend the life of their property by making recommendations that improved its durability.