Media Studios North - Ph. II — Lease in Burbank, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Burbank, CA 91505

Description

Market Context

This office in Burbank, CA is listed for lease. It has been on the market for 3 days. Compare it against other office listings for lease in Burbank, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

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