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Winfrey Sell Harpo Studios

Is Oprah Selling Famed Harpo Studios?

Oprah Winfrey, who built the famous production studio Harpo, may be getting out of the landlord business as she has reportedly enlisted the services of a real estate company to evaluate options, according to the Chicago Sun-Times[1]. SEE ALSO: Jury Rejects Case Linking Company To Michael Jackson’s Death[2] Eastdil Secured LLC, a 40-plus-year-old pre-eminent real estate investment company, has reportedly been hired by Harpo Inc. to weigh various options, including a possible sale or the leasing of a portion of the sprawling four building campus, in order to consolidate operations into one or two structures. Oprah purchased the 88,000-square-foot complex back in 1988, even though it was located in a then-blighted and desolate community. Since then, the entrepreneurial millionairess has expanded the campus to more than 170,000 square feet of studios and office space combined. The once-skid-row neighborhood where the studio stands is now a thriving hub with restaurants, chic loft office s ...

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