Updated Oct 19, 2026
Warner Bros. Leases Office Headquarters In Burbank's Media District
100 S California St Burbank, CA 91505, USA
Building Size
800,000 SF
Asset Type
Office
Closing
May 15, 2023
About this deal
AI
Warner Bros. is moving into a new office headquarters in Burbank's Media District. The office is part of the 800,000-square-foot Second Century project, designed by Frank Gehry. The project commemorates Warner Bros.' 100-year anniversary and will be located at 100 South California Street. The office will accommodate approximately 4,500 employees.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Market: Burbank
- Landlord: Worthe Real Estate Group & Stockbridge Capital Group
- Tenant: Warner Bros. - David Zaslav
- Asking Rent: $44.3/ft.
- Square Footage: 800,000
David Zaslav will be representing Warner Bros. in the lease deal. The move to the new office headquarters represents a significant milestone for Warner Bros., as they continue to expand and cater to their workforce.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
360522.73%
Cash-on-Cash
-103038.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93