Warner says that what sold the property is that land parcels inBurbank are rarely available, and this one is on a primaryboulevard with high visibility adjacent to the Bob Hope Airport.The seller of the property had acquired it with plans to build itscorporate headquarters on the site, but the company's growthoutpaced those plans, and the land proved too small for itsneeds.
The buyer, a transportation and freight company, will relocateits corporate offices to the front of the parcel and utilize therear of the parcel for storage.
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