Condos Go Rental as Market Weakness Persists
November 15, 2010
By: Max Zimbert

... Empire Center, a Burbank office building that has sat vacant since it was completed in April of last year, has scored its first tenant, the Business Journal has learned.

Cast & Crew Entertainment Services, an entertainment industry payroll services provider, signed a 10-year lease at 2300 W. Empire Ave. valued at roughly $15 million....

... “It’s the newest building in the airport submarket of Burbank,” said Scott Katcher, corporate managing director for New York-based Studley, which represented the tenant. “The large floor plates were very beneficial for our client as it allowed them to remain on a single floor and ... provide for excellent growth.” ...

... Anneke Greco, of CB Richard Ellis, also represented the landlord. Len Nadler, a senior managing director with Studley, also represented the tenant....

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