Category: News - Page 2

First Wall Tilted at 30-acre Warner Bros. Ranch Lot in Burbank

Apr. 25, 2024 (BURBANK, Calif.)

Worthe Real Estate Group and Stockbridge Real Estate Funds announced today the first wall has been tilted at the 30-acre Warner Bros. Ranch Lot in Burbank. The project will consist of a 926,000 total square foot studio campus and 16 soundstages, which are fully leased to Warner Bros.

Worthe and Stockbridge Secure $475M Financing for Second Century

Apr. 8, 2024 (BURBANK, Calif.)

Worthe and Stockbridge have secured $475M in financing on Second Century, our 800K SF office development leased to Warner Brothers in Burbank, CA, marking the first single-asset, single-borrower commercial mortgage-backed security loan to close since 2022.

Worthe & Warner Bros. Second Century Project Wins Accolades

Nov. 22, 2023 (BURBANK, Calif.)

Worthe Real Estate Group’s “Second Century” Project in Burbank won accolades at the 2023 REmmy Awards Gala this year, taking home the top prize for ‘Most Innovative Workplace of the Year – Greater than 50,000 SF’. Presented by the Southern California chapter of CoreNet Global, the REmmy award recognizes and celebrates outstanding achievement in corporate real estate, highlighting innovation in workplace design and construction.

From the striking exterior designed by Frank Gehry and built by Krismar Construction Co. to the stunning interiors designed by NBBJ in collaboration with Cushman & Wakefield, EGG, Steelcase, Tangram Interiors and Warner Bros. Discovery, the Second Century project is a celebration of the creativity and innovation at the heart of the Burbank Media District and the entertainment industry at large. Joining forces with The Worthe Real Estate Group to plan and execute their vision for the next 100 years of creative storytelling, Warner Bros. has crafted an innovative and immersive workplace with a unique tapestry of materials, hospitality, and WB history to unite the hearts and minds of their creative team.