(Los Angeles Business Journal): DreamWorks Animation SKG Inc. plans to sell and lease back its Glendale campus as the struggling studio continues to deal with the fallout from a string of box office bombs.

Chief Executive Jeffrey Katzenberg disclosed the plan on Tuesday during a conference call to dicuss the company’s fourth-quarter earnings, which missed analysts’ estimates due to restructuring costs and write-downs on two money-losing films.

Katzenberg did not provide further details about the sale, though trade publication Variety pegged the price at $185 million. The Flower Street campus totals 400,000 square feet and was built in 1997.

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