Warner Bros.' Burbank HQ Secures $475M Loan From Wells Fargo & Morgan Stanley | 100 South California Street | Wells Fargo, Morgan Stanley | Office | Loan

Summary

Loan

CALIFORNIA

Office

800,000 sqft

The property at 100 South California Street in Burbank is an 800,000-square-foot office building. Jeff Worthe of Worthe Real Estate Group and Terry Fancher of Stockbridge are the landlords of this asset.

Summary of transaction details:

Property Type: Office
Transaction Amount: $475,000,000
Lender: Wells Fargo & Morgan Stanley
Landlord: Jeff Worthe - Worthe Real Estate Group; Terry Fancher - Stockbridge
Loan Type: Refinance

Warner Bros.' new headquarters in Burbank received a $475 million fixed-rate mortgage for the Second Century office building designed by Frank Gehry. This financing, led by Jeff Worthe and Terry Fancher, marks the first CMBS office loan for a single asset since 2022.

Players

All
2

Lenders
2

Wells Fargo

Morgan Stanley

Details

Deal Summary

FINANCED

IMAGE: Jeff Worthe & Terry Fancher DATE: 03/21/2024 ADDRESS: 100 South California Street MARKET: Burbank ASSET TYPE: Office ~ SF: 800,000 LENDER: Wells Fargo (@WellsFargo) & Morgan Stanley (@Morgan.Stanley) LANDLORD: Jeff Worthe - Worthe Real Estate Group; Terry Fancher - Stockbridge LOAN AMOUNT: $475,000,000 LOAN TYPE: Refinance NOTE: Warner Bros.' new 800,000-square-foot headquarters in Burbank secured a $475 million fixed-rate mortgage from Wells Fargo and Morgan Stanley, led by Worthe Real Estate Group and Stockbridge. The financing, for Second Century designed by Frank Gehry, marks the first CMBS office loan for a single asset since 2022.

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Address100 South California Street

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