Commercial Real Estate Direct Staff Report Pinnacle II, a 230,000-square-foot office building in Burbank, Calif., that serves as collateral for an $87 million CMBS loan has gone vacant. The vacancy was highlighted in a TreppWire report. The property, at 3300 ...
Commercial Real Estate Direct Staff Report Ramsfield Hospitality Finance and AB CarVal have provided $95.4 million of mortgage financing against the 488-room Los Angeles Marriott Burbank Airport hotel. The loan allowed the property's owner, a venture of AWH Partners and ...
Montana Avenue Capital has paid $37 million, or $291/sf, for the 127,140-square-foot office and industrial property at 2777 North Ontario St. in Burbank, Calif., about 14 miles north of Los Angeles. The Los Angeles investment manager purchased the property from ...
The property is 90 percent occupied by 22 tenants.
San Fernando Valley Business Journal GPI Cos. has paid $23.9 million, or $468.76/sf, for the 50,986-square-foot medical-office building at 2701 West Alameda Ave. in Burbank, Calif. The Los Angeles real estate investment firm purchased the property from a private investor, ...
The three-building property was built in 1989 and serves as an animation studio for Technicolor and Starburns Industries. It is 13 miles north of Los Angeles.
L.A. Biz A venture led by Captiva Partners has paid $11 million, or $234.04/sf, for a 47,000-square-foot flex industrial property at 1101, 1103 and 1117 West Isabel St. in Burbank, Calif. The seller was not disclosed. The three-building property was ...
ARRI Inc., a company that designs and manufactures camera and lighting systems for the film industry, fully occupies the building under a 15-year, triple-net lease that it signed last March.
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