Nickelodeon Studios leased a 113,760-square-foot building under construction at 203 W. Olive Ave. in Burbank. The five-story building, developed by Accord/Bro Members LLC, will allow the company to consolidate up to 450 employees. Terms were not disclosed.
Yahoo Inc. renewed at 3333 W. Empire Ave. for 100,000 square feet with landlord Worthe Real Estate Group. The company, which is moving its Westside operations to Playa Vista, decided to maintain a presence in Burbank.
Age of Learning expanded its headquarters by 30,000 square feet at 101 N. Brand in Glendale with landlord Legacy Partners to bring its footprint to 72,000 square feet. The educational technology company moved in with only 7,000 square feet in 2007. Terms were not disclosed but asking rates are $2.75.
Century City real estate firm 3D Investments bought a 55,550-square-foot property at 3300 W. Riverside Drive for $30 million from Centurion Real Estate Partners. The property was fully leased by the New York Film Academy at the end of last year in one of the fourth quarter’s biggest deals.
Burbank and Glendale’s office markets continued their recovery, highlighted by large deals completed last quarter...