60
BURBANK, CALIF. — Granite Properties has acquired a 150,000-square-foot office building in Burbank for $49 million. The 10-story tower is located at 2600 West Olive in the city’s Media District.
The building is currently 87 percent leased to a variety of media-related companies. It was built in 1986.
The seller, Legacy Partners Realty Fund I LLC, had previously made improvements to the building’s main lobby, restrooms, upper lobbies and parking areas. Legacy was represented by CBRE’s Kevin Shannon, Tom Bolinger, Ken White and Mike Longo.