Kidder Mathews Brokers $14.9M Sale of Fully Leased Industrial Building in Burbank, California

BURBANK, CALIF. — Kidder Mathews has arranged the sale of an industrial property located at 2231-2249 N. Hollywood Way in Burbank. A family-owned investment company sold the building to a local private investor for $14.9 million. Situated on 1.6 acres, the 47,056-square-foot property is fully leased to four tenants. The building features multiple bays and flexible warehouse and office configurations. Tanel Harunzade and Darrell Levonian of Kidder Mathews represented the seller in the deal.