Los Angeles Business Journal
Pacshore Partners Purchases Burbank Office Building for $91 Million
By Hannah Madans
Monday, November 29, 2021
Brentwood-based Pacshore Partners has purchased a 152,834-square-foot office building in the Burbank Media District for $90.5 million. Granite Properties sold the 10-story building, dubbed 2600 Olive.
“We have been eagerly looking to invest in the Burbank Media District office market, and 2600 Olive is a great start” Philip Orosco, founder of Pacshore Partners, said in a statement. “Granite has done a fantastic job of managing and modernizing the asset, and we look forward to continuing down that path.”
Bisnow
Granite Properties Profits In $90.5M Sale Of Burbank Media Office Building
By Bianca Barragan, Bisnow Southern California
November 30, 2021
A nearly 153K SF office building in the Burbank Media District has traded hands for nearly twice the price of its prior sale.
LA Biz Journal
Burbank office building sells for $90.5 million
By Annlee Ellingson – Staff Reporter, L.A. Biz
November 30, 2021
A 152,834-square-foot office building in the heart of the Burbank Media District has sold for $90.5 million.
Dallas-based Granite Properties sold 2600 Olive on West Olive Ave. near Buena Vista St. to Pacshore Partners, a Los Angeles-based real estate firm owned by Philip Orosco.