BACKLOT BURBANK
Project Summary
date acquired
December 2024
location
Burbank, CA
size
208,688 SF
units
15
year built
1964-1967
Investment Summary
BKM Capital Partners acquired Backlot Burbank Park in December 2024. Located in Burbank, CA, the 3208,688 square-foot multi-tenant business park consists of eight buildings with 15 units.
The property is in a strategically-infill location directly adjacent to the Hollywood/Burbank Airport, between I-5 Freeway to the east and SR-170 to the west. The asset has undergone a cosmetic overhaul through BKM's signature capital improvements package, including murals, upgraded signage, and modernized landscaping. BKM also addressed deferred maintenance on HVAC units, roofing, fencing, and the parking lot. BKM's in-house property management and leasing teams will work diligently to drive new leasing activity while maximizing asset performance.