BURBANK, CA-The Empire Center, a 364,000-square-foot building in Burbank, has signed a second lease. Modern VideoFilm Inc. has inked a lease for 11 years with Chicago-based Walton Street Capital LLC for 96,000 square feet in the center at 2300 Empire Ave.
The deal was signed for $35 million. The seven-story building is currently 40% leased. In the transaction, the tenant was represented by Studley's Sullivan, and the landlord was represented by CB Richard Ellis Group Inc.'s Patrick Church and Anneke Greco. For the full story, go to Los Angeles Business Journal.
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