CBRE Facilitates Sale of 20,347 Square Foot Office Property in Burbank

CBRE facilitated the sale of a 20,347-sq.-ft.-office property located at 400 South Victory Blvd., in Burbank, Calif., to a private buyer for $5.8 million.

CBRE’s Gerard Poutier, Mark Shaffer, Anthony DeLorenzo and Dylan Rutigliano represented the seller, Creative Arsenal LLC, in the transaction.

The three-story facility combines architectural presence with functional design, offering a rare blend of creative office and production and post-production space under one roof.

“This was a unique owner-user offering in the market highlighted by state-of-the-art post-production infrastructure combined with a new tenant roster, allowing a user to occupy the top floor while benefiting from in-place cash flow,” said Poutier, senior associate at CBRE. “It’s turnkey condition, high-image design, and proximity to major studios and amenities made it a compelling opportunity for an owner-user or investor seeking a best-in-class asset in the heart of the entertainment capital of the world.”

The property offers immediate access to Interstate 5 (I-5) and I-134 and is just minutes from Hollywood Burbank Airport, providing connectivity to the greater Los Angeles region.