Office Rental Market
- $42.12 2019 Avg. Asking Rent
- 8.27 % 2019 Avg. Vacancy Rate
- 0 2019 Office Completions (Sqft)
- 942,250 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Burbank Class A Office Buildings$43.33
- Burbank Class B Office Buildings$37.52
- CA Class A Office Buildings$51.59
- CA Class B Office Buildings$34.34
- CA Class C Office Buildings$22.62
Burbank, CA Office Asking Rents by Class
OFFICE CONSTRUCTION IN Burbank, CA
- Burbank, CA Total Sqft completed in 2019 0
- Burbank, CA Total Sqft under construction in 2020 942,250
Building name | Address | Total Sqft | Year built |
---|---|---|---|
The Tower | 3900 West Alameda Avenue, 91505 | 489,120 | 1989 |
The Pointe | 2900 West Alameda Avenue, 91505 | 480,645 | 2008 |
Studio Plaza | 3400 West Riverside Drive, 91505 | 456,205 | 1988 |
3800 Alameda | 3800 West Alameda Avenue, 91505 | 422,949 | 1984 |
ABC Riverside Building | 2300 West Riverside Drive, 91505 | 396,000 | 2001 |
Pinnacle I | 3400 West Olive Avenue, 91505 | 393,776 | 2001 |
2300 West Empire Avenue | 2300 West Empire Avenue, 91504 | 351,300 | 2009 |
Warner Bros. Bridge Building | 4000 Warner Blvd, 91522 | 270,000 | 1994 |
Central Park at Toluca Lake | 3500 West Olive Avenue, 91505 | 252,978 | 1984 |
Pinnacle II | 3300 West Olive Avenue, 91505 | 231,000 | 2005 |
Office building | Address | Sqft | Completed |
---|---|---|---|
Avion Burbank - Office - Buildings 7, 8 & 9 | 3001 North Hollywood Way, 91505 | 39,500 | 2021 |
Avion Burbank - Office - Buildings 1 & 2 | 3001 North Hollywood Way, 91505 | 36,750 | 2021 |
Avion Burbank - Office - Buildings 5 & 6 | 3001 North Hollywood Way, 91505 | 33,000 | 2021 |
Avion Burbank - Office - Buildings 3 & 4 | 3001 North Hollywood Way, 91505 | 33,000 | 2021 |
2777 North Ontario Street | 2777 North Ontario Street, 91504 | 128,600 | 2016 |
203 West Olive Avenue | 203 West Olive Avenue, 91502 | 113,760 | 2016 |
2300 West Empire Avenue | 2300 West Empire Avenue, 91504 | 351,300 | 2009 |
The Pointe | 2900 West Alameda Avenue, 91505 | 480,645 | 2008 |
Providence Saint Joseph Medical Center - Burbank Medical Plaza II | 191 South Buena Vista Street, 91505 | 94,427 | 2008 |
Pinnacle II | 3300 West Olive Avenue, 91505 | 231,000 | 2005 |
See trends for nearby markets
The Burbank office market contains an inventory of 9,704,960 square feet of office space, in 106 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Burbank commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.