John Mayer’s body of real estate is a wonderland as the Grammy winner has finalized a deal to purchase the famed Jim Henson Company lot for an estimated $45 million. The 47-year-old “Your Body Is a Wonderland” crooner isn’t taking over the historic Henson property on his own though.

The ink is dry on John Mayer's purchase of Jim Henson's Muppets lot in Los Angeles. Mayer will oversee the facility's recording studio, while McG will manage other properties on the lot, which is located on the corner of La Brea Avenue and Sunset Boulevard in Hollywood.

John Mayer has finalised a $45 million deal to buy the Muppets studio lot from The Jim Henson Company. The Grammy-winning singer-songwriter and producer and director McG - whose real name is Joseph McGinty Nichol - are said to have forked out for the Hollywood studios,