BURBANK
Chandler Park, Magnolia Park, McNeil, Media Center, Northwest District, Rancho Adjacent, and Vega.
Rent Rate
Leasing Activity SF
Vacant Available SF
SOURCE: CoStar
- Q4 - 2023
- Q4 - 2024
- Q4 - 2025
Leasing Market Overview
MEASURING Q4 2025Burbank’s office market reflects the cyclical nature of the entertainment and media sector. After strong rent levels in 2022 and early 2023, pricing softened as vacancy expanded and leasing activity became more selective. Deal volume has fluctuated, underscoring tenant sensitivity to cost and space efficiency. While creative users continue to drive demand, overall market conditions remain competitive.
SNAPSHOT OF LEASES SIGNED
| Signed Date | Start Date | Address | SF Leased | Rent/SF/Mo | Months on Market | Leasing Rep Company |
|---|---|---|---|---|---|---|
| Dec 2025 | Jan 2026 | 6222 San Fernando Road | 230 | $8.02 | 4 Mos | Specialized Realty, Inc. |
| Dec 2025 | Jan 2026 | 2400-2484 W Victory Blvd | 1200 | $4.95 | 3 Mos | Cartozian Associates Real Estate |
| Dec 2025 | Feb 2026 | 3900 W Riverside Drive | 800 | $4.00 | 3 Mos | Rise Real Estate |
| Dec 2025 | Dec 2025 | 923 W Olive Avenue | 850 | $2.88 | 2 Mos | Stevenson Real Estate Services |
| Nov 2025 | Feb 2026 | 401 S Glenoaks Blvd | 2805 | $1.85 | 15 Mos | illi Commercial Real Estate |
| Nov 2025 | Jan 2026 | 4100 W Riverside Dr | 6637 | $4.00 | 40 Mos | Newmark |
| Nov 2025 | Dec 2025 | 6222 San Fernando Rd | 150 | $7.63 | 31 Mos | Specialized Realty, Inc. |
| Oct 2025 | Nov 2025 | 1610 W Burbank Blvd | 3726 | $2.30 | 8 Mos | Delphi Business Properties |
| Oct 2025 | Nov 2025 | 203-215 N Victory Blvd | 3550 | $3.25 | 11 Mos | JohnHart Commercial |
| Oct 2025 | Nov 2025 | 6300-6320 San Fernando Rd | 1000 | $4.00 | 2 Mos | Dell West Properties |
SOURCE: CoStar
