Lee & Associates Leases 23,000 SF Office Space In Burbank
601 South Glenoaks Boulevard
23,000 SF
Summary
The property at 601 South Glenoaks Boulevard in Burbank, with a total area of 23,000 square feet, has recently undergone multiple lease transactions. Managed by Jamison Property Services, the building's occupancy has significantly increased from 64% to 85%. Lee & Associates, represented by brokers Scott Romick, Darren Casamassima, and David Kaufman, played a crucial role in boosting the occupancy and have now listed the property for sale. This presents an investment opportunity for potential buyers, as there is potential for value-added returns through rental rate increases.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 601 South Glenoaks Boulevard, Burbank
- Market: Burbank
- Asset Type: Office
- Square Footage: 23,000
Lee & Associates, with brokers Scott Romick, Darren Casamassima, and David Kaufman, have successfully increased the occupancy of 601 S. Glenoaks Blvd, Burbank. Their efforts have resulted in a significant boost, taking the occupancy from 64% to 85%. With the property now listed for sale, interested buyers have the opportunity to capitalize on potential value-added returns through rental rate increases.
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