 |
| Stacy Vierheilig-Fraser |
LOS ANGELES, CA – Charles Dunn Company, one of the largest
full-service regional real estate firms in the western United States, has
completed the $2.65 million sale of an 8,633-square-foot office building
located at 1100 N. Hollywood Way in Burbank, Calif. in an off-market
transaction.
Stacy Vierheilig-Fraser of Charles Dunn Company represented the buyer, Bang
Zoom! Entertainment. The seller, KBD Investments, LLC, represented itself.
“Bang Zoom! Entertainment,
a post production company, has been a tenant in the building for the past 13
years,” said Vierheilig-Fraser. “I worked with the buyer to negotiate a
transaction that benefitted both parties.
“More than ever, with
interest rates still low and rents on the rise, Los Angeles-area businesses are
seeking owner-user scenarios in order to give them long-term real estate
stability. It is a very tight market and many of these deals happen
off-market.”
Eric P. Sherman, CEO +
President of Bang Zoom! Entertainment, noted that the company will occupy 75
percent of the building for audio, video and animation services for a variety
of clients including Disney, WB and Cartoon Network. The remainder of the space
is occupied by an audio post production company.
For a
complete copy of the company’s news release, please contact:
Darcie Giacchetto
949.278.6224
No comments:
Post a Comment