Value add office building located adjacent to the I-5 Freeway
2385 North Naomi Street
Burbank, CA
Value Add Office Building
95,000 square feet
This acquisition is an existing 95,000 square foot office building located in the Burbank Airport District and in close proximity to Downtown Burbank and the Burbank Media District. The property has over 850 square feet of linear frontage along the I-5 freeway. At acquisition, the property was 100% leased. The business plan is to reposition the asset through a phased renovation and capital expenditure program. There are also opportunities to increase income through operating efficiencies.
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