Description

Griffith Business Park is a nine-building campus in Glendale with 181,459 square feet on approximately 9.74 acres. Colliers is offering the fee-simple interest. The property includes 67 loading doors and 270 parking stalls, with access to Interstate 5 and State Route 134 near the Glendale, Burbank and North Hollywood entertainment industry corridor.

IMU zoning and an existing studio entitlement provide several paths for evaluating the acquisition. The approved studio plan calls for approximately 406,318 square feet, including three production buildings, ten soundstages and a 533-space parking structure. Other options identified in the offering include leasing the current buildings, industrial redevelopment of up to approximately 205,660 square feet, or dividing the site into separate parcels. Buyers should review the entitlement documents and requirements for their intended plan.