News

SAG-AFTRA has bought an office building in the San Fernando Valley for $46.6 million that will serve as its new national headquarters. Located at 12020 Chandler Blvd. in North Hollywood, the property features more than 118,000 square feet of commercial office space and includes the building on 1.22 acres and a nearby 0.71-acre vacant lot.

Up until now, SAG-AFTRA has been the only major Hollywood union that didn’t own its own headquarters. The old Screen Actors Guild – and now SAG-AFTRA – hadn’t owned their own national offices for 37 years and have been leasing at two different locations since 1986.

SAG-AFTRA president Fran Drescher said that “As National President, I began to investigate ways to diversify our investment portfolio and was surprised to learn we were the only entertainment industry union to not own our own headquarters versus paying large rents. After multiple sessions with my Executive Director Duncan Crabtree-Ireland and CFO Arianna Ozzanto, it...

SAG-AFTRA is the only major Hollywood union that doesn’t own its own headquarters, and that’s become a topic of heated debate between its warring factions in the union’s ongoing election of national and local officers. SAG – and now SAG-AFTRA – hasn’t owned its own national offices for 35 years, leasing at two different locations since 1986.

Both sides think they should buy one sooner or later. The opposition MembershipFirst candidates, led by Matthew Modine and Joely Fisher, want to do it sooner, and blast the current leadership for recently signing a new long term lease for the union’s headquarters on the Miracle Mile.

“For years, a staggering $6 million per year has been spent on renting our SAG-AFTRA offices in Los Angeles,” MembershipFirst says in its campaign platform. “Many more millions of dollars are squandered annually on office rents around the country. In fact, money has even been wasted...