Burbank
Los Angeles - CA USA - Industrial Submarket
Industrial real estate intelligence for the Burbank submarket. 16.3M SF of inventory with 4.7% vacancy. Data sourced from various MLS platforms.
16.3MSF
Inventory
943KSF
Available
4.7%
Vacancy
5.8%
Availability Rate
$23.81
Asking Rent
-3.7%
Rent Growth
-39,702SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$421
Cap Rate
5.2%%
12mo Sales Volume
$148,683,894
Sales Vol Growth
44.1%
Asset Value
$6,852,030,416
Net Absorption
-39,702 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| LA2 | - | 424,000 | Stonepeak Partners LLC |
| LA3 | - | 160,000 | Stonepeak Partners LLC |
| LA3 | - | 160,000 | American Tower Corporation |
| LAX4 | $174.0M | 287,999 | Mapletree US Management, LLC |
| LAX1 - Los Angeles Data Center | $71.0M | 150,719 | Buyer 1 NantHealth, LLC | Buyer 2 Serverfarm |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 1601 Perrino Pl | 25,000 | $24.00 | Se Jong Yoon |
Data Centre Development Potential
Moderate vacancy (4.7%) in Burbank suggests a balanced market with selective opportunities for data centre conversion or development. Negative absorption of 40K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
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Evaluating Burbank for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.