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Burbank Home to the Largest Lease Transaction in California

Burbank, CA (April 8, 2021) – The Walt Disney Co. renewed its 421,000-square-foot lease at 3800 W. Alameda Avenue in Burbank, making this the largest lease transaction in California for the year 2020.

3800 Alameda serves as the world headquarters for Radio Disney and the broadcasting base for the Disney Channel, as well as the backup for East Coast Operations including ESPN. This space is part of a portfolio of Burbank office buildings managed by Worthe Real Estate Group, including Disney’s film production arm Walt Disney Pictures which occupies another 150,000 square feet at the Media Studios complex.

Additionally, Burbank had one of the other largest leases in LA County in 2020 as Netflix signed an agreement to occupy 171,000 square feet at 2300 W. Empire Avenue. 

“Burbank is proud to be home to media giants like The Walt Disney Co., Warner Bros. Studios, and Netflix. As the location for the largest lease transaction in the entire State of California, Burbank continues to demonstrate its  position as the Media Capital of the World,” said City of Burbank’s Economic Development Manager Mary Hamzoian.

 

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About Burbank: Burbank calls itself “The Media Capital of the World” and backs up that claim with headquarter offices for The Walt Disney Co., Netflix, Cartoon Network, Nickelodeon, and Titmouse, along with many other smaller studios.  More than 39,000 jobs within Burbank are media-focused.

Facebook: @BurbankCA, Twitter: @BurbankCA, Website: www.burbankca.gov

Published on: April 08, 2021
05:49 AM