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2600 West Olive Avenue
SOLD

Pacshore Partners Acquires Burbank Office Building For $90.5M

2600 West Olive Avenue

Office
152,834 SF
clock iconSold 1 year ago
Michael Kolcum
Rob Hannan
Laura Stumm
+ 3
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Summary

Sale
CALIFORNIA
Office
152,834 sqft

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

  • All

    6

  • Agents

    5

  • Agencies

    1

Michael Kolcum's profile picture
Michael Kolcum
Newmark-image
Senior Associate
$127.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Kevin Shannon, Rob Hannan, Ken White, Laura Stumm & Michael Kolcum DATE: 11/29/2021 ADDRESS: 2600 West Olive Avenue MARKET: Burbank ASSET TYPE: Office BUYER: Pacshore Partners - Philip Orosco SELLER: Granite Properties BROKERS: Kevin Shannon, Ken White, Rob Hannan, Laura Stumm & Michael Kolcum - Newmark SALE PRICE: $90,500,000 SF: 152,834 ~ PPSF: $592

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Address2600 West Olive Avenue

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