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SJ4 Burbank Acquires Development Site In Burbank For $40M

777 North Front Street
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This Development Site property located in CA was sold for $40,000,000 almost 4 years ago. The brokers of the deal were Jim Fisher, Mike Smith, Hunter Warner, and Brett Warner

A development site located at 777 North Front St in Burbank has been sold for a total price of $40,000,000. The property spans a total of 348,480 square feet with a price per square foot of $114. This site has the potential to accommodate up to 550 units.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $40,000,000
  • BSF: 348,480
  • PPBSF: $114
  • Units: 550

The buyer of this development site is SJ4 Burbank, while the seller is Northridge Properties. The transaction was facilitated by the brokers Brett Warner, Hunter Warner, Jim Fisher, and Mike Smith from Lee & Associates.

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Deals
  • Location
    777 N Front St, Burbank, CA 91502, USA777 N Front St, Burbank, CA 91502, USA
  • Sale Price
    $40,000,000$40,000,000
    $11 PPSF$11 PPSF
  • Area
    3,484,800 SF3,484,800 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Mike Smith

Mike Smith

Deals6
Sold$300.6M

Jim Fisher

Jim Fisher

Deals4
Sold$206.6M

Agencies

Compass

Compass

Agency
Deals2902
Volume$20.9B

Lee & Associates

Lee & Associates

Agency
Deals970
Volume$10B

Deal Summary

IMAGE: Jim Fisher & Mike Smith DATE: 06/02/2020 ADDRESS: 777 North Front St MARKET: Burbank ASSET TYPE: Development Site PRICE: $40,000,000 BSF: 348,480 PPBSF: $114 UNITS: 550 BUYER: SJ4 Burbank SELLER: Northridge Properties BROKERS: Brett Warner, Hunter Warner, Jim Fisher & Mike Smith – Lee & Associates

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777 North Front Street

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