
Captiva Captures Flex Industrial Near Netflix
In partnership with a private investor, Captiva Partners purchased a 47,000-square-foot flex industrial property located in Burbank for $11 million. Located at 1101, 1103 and 1117 West Isabel St., the 1.9-acre property is comprised of three buildings that are fully leased to Technicolor and Starburns Industries, tenants in the media and entertainment industry.
The property is located near downtown Burbank and Interstate 5, in close proximity to major studios and media companies including The Walt Disney Company, Warner Bros. and Netflix.
Captiva Partners is a real estate investment and operating company based in Los Angeles that is focused on value-add investment strategies. Last year, Captiva acquired a 189,000-square-foot creative campus in Atwater Village, and the firm is under construction on a 100,000-square-foot adaptive reuse office campus in Glendale that is scheduled for delivery later this year.
- ◦Acquisition