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[IMGCAP(1)]BURBANK, CA-The Burbank Media District continues its reputation as a popular location for entertainment and media firms with the signing of two new leases by Warner Bros. Entertainment and 2G Digital Post. The Warner Bros. unit has leased 27,000 square feet in an expansion and renewal at at 3601 W. Olive Ave. in Business Arts Plaza and 2G Digital Post expanded to 6,500 square feet at 280 E. Magnolia Blvd. at Burbank Media Village.

The Warner Bros. deal represents an expansion of 10,000 square feet, according to Madison Partners principal Brad Feld and senior executive director Chris Keller, who represented the building owners, JP Morgan and the Screen Actors Guild Administrative Corp. Warner Bros. was represented by Matt Hargrove of Cushman & Wakefield.

Built in 1985, the approximately 152,000-square-foot, eight-story office building at 3601 W. Olive is currently undergoing a major renovation of its lobby and exterior. The building is across the street from Warner Bros. studios, and some of the largest companies in the entertainment industry, including NBC and Disney.

[IMGCAP(2)]In the 2G Digital Post lease, president Frank Gangi of Burbank-based Gangi Development Co. reports that 2G signed a five-year deal for its space at 280 E. Magnolia. The new tenant, which is retaining an existing facility in Culver City, is an online company specializing in versioning and remastering major movies and television programs for broadcast, airline and DVD use. Gangi says that 2G Digital Post is expanding to the San Fernando Valley to bolster the firm’s post production services to major studios in Burbank.

Gangi’s Media Village project is bordered by Third Street, Palm and Magnolia avenues and Glenoaks Boulevard. Gangi notes that the 2G Digital lease maintains the 100% occupancy at the mixed use development, which features 146 units of affordable senior housing, 60,000 square feet of retail and office space, and 500 subterranean parking spaces.

According to Chuck Filliettaz, president of 2G Digital Post, one of the factors in the company’s decision to lease space in Burbank is Downtown Burbank’s optical fiber network, located along Third Street adjacent to Media Village. He says that the fiber network allows the firm to transfer and send large files of data from point to point worldwide. Burbank has made it easier for businesses to tap into that network,” Filliettaz said.

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