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Griffith Business Park 9 biens | Industriel/Logistique | Glendale, CA
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Generational Infill Campus Acquisition Opportunity (9.74 AC).
- Strategically Positioned at the Crossroads of Industrial and Entertainment.
- Multiple Exit Strategies: 1) Lease-Up, 2) Entitled Studio Redevelopment, 3) Industrial Redevelopment, or 4) Condo Map
- Direct Freeway Access (I-5 and SR-134).
- Glendale Has Excellent Industrial Fundamentals.
Résumé analytique
Colliers is pleased to present the opportunity to acquire the fee-simple interest in Griffith Business Park, a ±9.74-acre, 181,459-square-foot business park in Glendale, CA. The Property is one of the largest contiguous infill sites to come to market in the LA North industrial market in over a decade.
Positioned at the intersection of Glendale, Burbank, and North Hollywood, the Property sits at the geographic center of Los Angeles’ Entertainment corridor, adjacent to Disney, DreamWorks, Warner Bros., and NBC Universal, with direct access to both the I-5 and SR-134 freeways. The nine-building campus includes 67 loading doors and 270 parking stalls, and the underlying 9.74-acre site is zoned IMU (Industrial/Commercial Mixed Use).
The Property offers rare optionality across four distinct, independently executable business plans: (i) a lease-up of the existing multi-building campus; (ii) execution of the fully approved ±406,318 SF studio entitlement, comprising three production buildings, ten soundstages, and a 533-space parking structure; (iii) full-parcel industrial redevelopment of up to ±205,660 SF; or (iv) subdivision of the project into separate parcels.
The opportunity is underpinned by best-in-region submarket fundamentals for industrial. Vacancy in the East San Fernando Valley portion of the LA North industrial market stands at 3.8%, making it one of the tightest markets in the Western United States. Griffith Business Park represents a generational opportunity to acquire institutional-scale real estate with flexible execution paths in one of the highest barrier-to-entry markets in the Western United States.
Positioned at the intersection of Glendale, Burbank, and North Hollywood, the Property sits at the geographic center of Los Angeles’ Entertainment corridor, adjacent to Disney, DreamWorks, Warner Bros., and NBC Universal, with direct access to both the I-5 and SR-134 freeways. The nine-building campus includes 67 loading doors and 270 parking stalls, and the underlying 9.74-acre site is zoned IMU (Industrial/Commercial Mixed Use).
The Property offers rare optionality across four distinct, independently executable business plans: (i) a lease-up of the existing multi-building campus; (ii) execution of the fully approved ±406,318 SF studio entitlement, comprising three production buildings, ten soundstages, and a 533-space parking structure; (iii) full-parcel industrial redevelopment of up to ±205,660 SF; or (iv) subdivision of the project into separate parcels.
The opportunity is underpinned by best-in-region submarket fundamentals for industrial. Vacancy in the East San Fernando Valley portion of the LA North industrial market stands at 3.8%, making it one of the tightest markets in the Western United States. Griffith Business Park represents a generational opportunity to acquire institutional-scale real estate with flexible execution paths in one of the highest barrier-to-entry markets in the Western United States.
Informations sur l’immeuble
| Type de vente | Investissement ou propriétaire occupant | Individuellement en vente | 0 |
| Statut | Actif | Surface totale de l’immeuble | 16 858 m² |
| Nb de biens | 9 | Surface totale du terrain | 3,81 ha |
| Type de vente | Investissement ou propriétaire occupant |
| Statut | Actif |
| Nb de biens | 9 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 16 858 m² |
| Surface totale du terrain | 3,81 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
| 800 W Milford St, Glendale, CA 91203 | Industriel/Logistique | 7 296 m² | 1947 | - |
|
Building 4
5426-5430 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 3 177 m² | 1947 | - |
|
Building 10
5440 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 1 707 m² | 1947 | - |
| 5426-5430 San Fernando Rd, Glendale, CA 91203 | Industriel/Logistique | 1 124 m² | 1947 | - |
|
Building 9
5426-5430 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 1 078 m² | 1947 | - |
|
Bldg 5
5426-5430 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 1 022 m² | 1947 | - |
|
Bldg 3
5426-5430 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 507 m² | 1947 | - |
|
Building 13
5426-5430 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 476 m² | 1947 | - |
|
Bldg 2
5426-5430 San Fernando Rd, Glendale, CA 91203 |
Industriel/Logistique | 471 m² | 1947 | - |
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Contacts
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Sean Fulp -
Todd Tydlaska -
Michael Kendall -
Gian Bruno -
Blake Hammerstein -
Colliers
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Présenté par
Griffith Business Park
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