Burbank, CA Office Market Overview
Located 12 miles northwest of downtown Los Angeles in the southeastern San Fernando Valley, Burbank is known as the Media Capital of the World and home to big names in the media and entertainment industries, such as Warner Bros., Nickelodeon, ABC and the Walt Disney Company. As expected, most of the office space in Burbank is occupied by the entertainment industry, as well as manufacturing businesses related to film and media production, such as Arri cameras and Matthews Studio Equipment.
In 2019, the 165,630-square-foot Triangle Building was the largest office sale in Burbank, going for roughly $77 million. In 2020, Burbank is projected to add 9.6 million square feet of new office space to its inventory.
Here, Woodbury University offers a range of undergraduate and graduate programs in business, architecture and design to hone the skills of its local labor force. Burbank also has several smaller colleges that specialize in teaching entertainment industry-specific skills, like makeup or hairstyling.