HIGH QUALITY INDUSTRIAL FACILITY TOTALING 36,407 SF
* 2 dock high & 2 ground level doors, ample auto parking and rare 100% HVAC
* Earthquake retrofitting in warehouse
* M2 zoning
* 1,200 amps of power
100% LEASED TO EXTREMELY COMMITTED TENANT THROUGH JANUARY 2029
* Pacific Title Archives is a film & video media asset management company
* Mission critical location for the tenant situated in the heart of the entertainment
industry
* Long standing tenant in the building since 2008 (15 years)
* Excellent mark to market opportunity with below market rents and 5.0 years WALT
STRONG INDUSTRIAL MARKET DYNAMICS
* 18% average annual rent growth since 2018 in the Greater San Fernando Valley
with the lowest vacancy rate out of all L.A. submarkets at 1.2%
* North Hollywood has maintained an average industrial vacancy of 0.82% for the
last 10 years and recorded 24.4% YoY rent growth in Q4 2023
STRATEGIC SOUTHERN CALIFORNIA LOCATION WITH PROXIMITY TO MAJOR FREEWAYS & AIRPORTS
* The Media District is the unrivaled epicenter for the entertainment industry making
this a critical location for PTA. The area is home to Disney/ABC, NBC/Universal,
WarnerMedia, Dreamworks, and over 1,000 media-related companies
* The property is adjacent to Hollywood Burbank Airport and provides immediate
access to Interstate 5
* The site has proximity to more than 9 million people within 30 miles and over $14
billion in e-commerce sales annually within a one hour drive