Pacshore Partners Acquires Burbank Office Building For $90.5M

2600 West Olive Avenue, Burbank, CA 91505, USA

$90,500,000

$592/SF

Building Size

152,834 SF

Asset Type

Office

Closing

Nov 29, 2021

AI

The property involved in the transaction is an office building located at 2600 West Olive Avenue in Burbank. The sale took place on November 29, 2021. The asset spans approximately 152,834 square feet and has been sold for a price of $90,500,000, resulting in an average price per square foot of $592.

Summary of transaction details

Property Type: Office
Transaction Amount: $90,500,000
Address: 2600 West Olive Avenue, Burbank
Market: Burbank

The buyer in this transaction is Pacshore Partners represented by Philip Orosco. The seller is Granite Properties. The deal was facilitated by Kevin Shannon, Ken White, Rob Hannan, Laura Stumm, and Michael Kolcum from Newmark.

Players