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

411 North Hollywood Way

Mixed-use

1,246,000 SF

Summary

Sale

CALIFORNIA

Mixed-use

1,246,000 sqft

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.

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Details

Deal Summary

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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Address411 North Hollywood Way

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