TPG Real Estate’s Acquisition of Cinespace Film Studios

Davies Ward Phillips & Vineberg LLP, working alongside Kirkland & Ellis, acted for TPG Real Estate Partners on the acquisition of Cinespace Film Studios in Toronto, represented by Cassels.

TPG Real Estate Partners (TREP), the dedicated real estate equity investment platform of alternative asset firm TPG, has acquired studio campuses in Toronto and Chicago belonging to Cinespace Studios. 

In addition, TREP plans to continue Cinespace’s work to invest in the local communities by creating opportunities for education and employment in the TV and film industry.

As part of the acquisition, Eoin Egan and Keith Gee will join Cinespace as co-managing partners and COO and CFO, respectively. 

Cinespace is the second-largest independent owner of soundstages in North America with a world-class studio real estate platform, operating over 50 soundstages on more than 100 acres in Toronto, Ontario, and Chicago, Illinois.

The Davies team that advised on this transaction included David G. Reiner (Picture) and Stefanie Milner (Real Estate); Kevin Greenspoon, Daniel Pearlman, Zach Hershenfeld and Shimon Sherrington (Corporate/M&A); John M. Ulmer, Paul Lamarre, Brittany Finn, Cadie Yiu and Sabina Han (Tax); Derek R.G. Vesey and Devon W. Comstock (Finance); Sarah V. Powell and Zachary Silver (Environmental); Seann D. McAleese (Employment); Laila Paszti (Technology); Benoit Archambault (IP); and Anita Banicevic (Competition).

The Kirkland team was led by real estate partners Andrew Small, Al Stemp, Rachel Brown, Jessica Schultz and Jeff Rheeling and associates David Arbus, Tiffany Sabbah, Phillip Kim, Mark Lipschultz, Adamantia Giannakis, Peter Baum, Seth Berliner, Jennifer Aronsohn, Lizbeth Cordova, Vanessa Gomez and Austin Brown, corporate partner Rick Madden and associate Alex Blaznik, executive compensation partner Jack Stratton and associate Karsten Busby, tax partners Mike Beinus, Justin Barbosa and Meredith Levy and associate Ashley Flor, government, regulatory & internal investigations partners Kim Nemirow, Asheesh Goel, Mark Filip and Nick Niles, investment funds partners Brett Saltzman, Kelly Ryan and Kevin Pavloski and associates Omotunde Okesanya, Genevieve Carter, Jordan Keeton, Michael Kuntz and Joshua Morgan, employee benefits partner Liz Dyer, technology & IP transactions partners Seth Traxler, Adam Petravicius and Matt Darch, transactional liability insurance partner Anna Geml, environmental transactions partner Chris Semonsen, employee benefits partner Matthew Antinossi and associate Chris Chase, and employment and labor partner Michael Schulman and associate Alexander Flynn-Tabloff.

The Cassels’ team comprised of Jason Bullen, Mickey Lungu, Frank Arnone, Lindsay Dykstra, Thea Gaertner, Jackie Karbi, Tiffany Chiu, Andrew Salem, Lucas Blair, Nathan Pelech, Andrew Reback, Tera Li Parizeau, Corinne Grigoriu, Marc Mercier, Carla Potter, Laurie Jessome, Maria Constantine, Raivo Uukkivi, Alison Hayman, Bernice Karn, Wendy Kirkton, Rebecca Lee, Veronica Ma, Sally King, Rosina Jagore, Jane Oliveira, Colleen Rusnov, Sophie Beaton and Melissa Montana.

 

Involved fees earner: Frank Arnone – Cassels Brock & Blackwell LLP; Lucas Blair – Cassels Brock & Blackwell LLP; Jason Bullen – Cassels Brock & Blackwell LLP; Tiffany Chiu – Cassels Brock & Blackwell LLP; Maria Constantine – Cassels Brock & Blackwell LLP; Lindsay Dykstra – Cassels Brock & Blackwell LLP; Thea Gaertner – Cassels Brock & Blackwell LLP; Corinne Grigoriu – Cassels Brock & Blackwell LLP; Alison Hayman – Cassels Brock & Blackwell LLP; Laurie Jessome – Cassels Brock & Blackwell LLP; Jackie Karbi – Cassels Brock & Blackwell LLP; Bernice Karn – Cassels Brock & Blackwell LLP; Mickey Lungu – Cassels Brock & Blackwell LLP; Marc Mercier – Cassels Brock & Blackwell LLP; Tera Li Parizeau – Cassels Brock & Blackwell LLP; Nathan Pelech – Cassels Brock & Blackwell LLP; Carla Potter – Cassels Brock & Blackwell LLP; Andrew Reback – Cassels Brock & Blackwell LLP; Andrew Salem – Cassels Brock & Blackwell LLP; Brenda Swick – Cassels Brock & Blackwell LLP; Raivo Uukkivi – Cassels Brock & Blackwell LLP; Benoit Archambault – Davies Ward Philips & Vineberg; Anita Banicevic – Davies Ward Philips & Vineberg; Devon Comstock – Davies Ward Philips & Vineberg; Brittany Finn – Davies Ward Philips & Vineberg; Kevin Greenspoon – Davies Ward Philips & Vineberg; Sabina Han – Davies Ward Philips & Vineberg; Zach Hershenfeld – Davies Ward Philips & Vineberg; Paul Lamarre – Davies Ward Philips & Vineberg; Seann McAleese – Davies Ward Philips & Vineberg; Stefanie Milner – Davies Ward Philips & Vineberg; Laila Paszti – Davies Ward Philips & Vineberg; Daniel Pearlman – Davies Ward Philips & Vineberg; Sarah Powell – Davies Ward Philips & Vineberg; David Reiner – Davies Ward Philips & Vineberg; Shimon Sherrington – Davies Ward Philips & Vineberg; Zachary Silver – Davies Ward Philips & Vineberg; John Ulmer – Davies Ward Philips & Vineberg; Derek Vesey – Davies Ward Philips & Vineberg; Cadie Yiu – Davies Ward Philips & Vineberg; Matthew Antinossi – Kirkland & Ellis; David Arbus – Kirkland & Ellis; Jennifer Aronsohn – Kirkland & Ellis; Justin Barbosa – Kirkland & Ellis; Peter Baum – Kirkland & Ellis; Michael Beinus – Kirkland & Ellis; Seth Berliner – Kirkland & Ellis; Alex Blaznik – Kirkland & Ellis; Rachel Brown – Kirkland & Ellis; Austin Brown – Kirkland & Ellis; Karsten Busby – Kirkland & Ellis; Chris Chase – Kirkland & Ellis; Lizbeth Cordova – Kirkland & Ellis; Matthew Darch – Kirkland & Ellis; Elizabeth Dyer – Kirkland & Ellis; Mark Filip – Kirkland & Ellis; Ashley Flor – Kirkland & Ellis; Alexander Flynn-Tabloff – Kirkland & Ellis; Anna Geml – Kirkland & Ellis; Adamantia Giannakis – Kirkland & Ellis; Asheesh Goel – Kirkland & Ellis; Vanessa Gomez – Kirkland & Ellis; Phillip Kim – Kirkland & Ellis; Michael Kuntz – Kirkland & Ellis; Meredith Levy – Kirkland & Ellis; Mark Lipschultz – Kirkland & Ellis; Rick Madden – Kirkland & Ellis; Joshua Morgan – Kirkland & Ellis; Kim Nemirow – Kirkland & Ellis; Nick Niles – Kirkland & Ellis; Kevin Pavloski – Kirkland & Ellis; Adam Petravicius – Kirkland & Ellis; Jeffrey Rheeling – Kirkland & Ellis; Kelly Ryan – Kirkland & Ellis; Brett Saltzman – Kirkland & Ellis; Michael Schulman – Kirkland & Ellis; Jessica Schultz – Kirkland & Ellis; Jordan Scott Keeton – Kirkland & Ellis; Christian Semonsen – Kirkland & Ellis; Andrew Small – Kirkland & Ellis; Albert Stemp – Kirkland & Ellis; Jack Stratton – Kirkland & Ellis; Seth Traxler – Kirkland & Ellis;

Law Firms: Cassels Brock & Blackwell LLP; Davies Ward Philips & Vineberg; Kirkland & Ellis;

Clients: Cinespace Film Studios; TPG Real Estate;

Sonia Carcano

Author: Sonia Carcano