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California  + Los Angeles  + Industrial  | 

First Wall is Tilted at New Burbank Soundstage Development

Developer Worthe Real Estate Group and Stockbridge Real Estate Funds said Wednesday the first wall has been tilted at the 30-acre Warner Bros. Ranch Lot in Burbank. The 229,000-pound panel commemorates the start of the project, reportedly the largest soundstage development in the U.S.

The project will comprise a 926,000-square-foot studio campus and 16 soundstages, all fully leased to Warner Bros., a parking structure, a commissary, mill space and a 326,000-square-foot office complex.

“This is a big milestone for us, and we couldn’t be more excited for what this project means for the city of Burbank, our longstanding relationship with Warner Bros. and the entire business community in the greater Los Angeles area,” said Jeff Worthe, president of Worthe Real Estate Group. “This project will transform the area and usher in a new stage of growth for this vibrant community.”

Last year, Worthe completed Second Century at Burbank Studios, an 800,000-square-foot expansion of Warner Bros. studios. The project consists of two LEED certified office buildings, which stand seven and nine stories tall and were designed by Frank Gehry and his team at Gehry Partners, developed by Worthe and Stockbridge and built by Worthe’s construction company, Krismar Construction. 

Leaders From Rialto Capital Management, AEW, CIM, Rexford Industrial, EQR and Cushman & Wakefield come together on the Capital Markets panel at Connect Los Angeles 2024 on May 1 at the InterContinental in DTLA. Register now to hear from these industry experts and more. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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