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Worthe Real Estate Group & Stockbridge Acquire Mixed-Use Property In Burbank For $500M

Property Image
SOLD
$500,000,000

California

See Similar Deals
Mixed-use1,246,000 SF
Sold 10/19/2021
the dealdetailscomps
Property Image
SOLD

Worthe Real Estate Group & Stockbridge Acquire Mixed-Use Property In Burbank For $500M

411 North Hollywood Way, Burbank, CA 91505

See Similar Deals
Mixed-use1,246,000 SF
Sold 10/19/2021
the dealdetailscomps

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$401
Total Square Footage:1,246,000 SF
Transaction Type:Sale

Located at 411 N. Hollywood Way in Burbank, this mixed-use property spans over 32 acres. The property was recently sold in a closed transaction.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $500,000,000
  • Square Footage: 1,246,000
  • Price Per Square Foot: $401
  • Date: 10/19/2021
  • Market: Burbank

Worthe Real Estate Group and Stockbridge jointly purchased the property from Warner Bros., with Ann Sarnoff representing the seller. The transaction marked a significant deal in the Burbank market.

Players

Stockbridge
Stockbridge
BUYER
WG
Worthe Real Estate Group
BUYER
WB
Warner Bros.
SELLER

Details

SOLD
IMAGE: Ann Sarnoff DATE: 10/19/2021 ADDRESS: 411 N. Hollywood Way MARKET: Burbank ASSET TYPE: Mixed-use ~ ACRES: 32 BUYER: Worthe Real Estate Group & Stockbridge SELLER: Warner Bros. - Ann Sarnoff SALE PRICE: $500,000,000 SF: 1,246,000 ~ PPSF: $401

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