The 58,183-sf Warner Park Center stands at 21800 Burbank Blvd. It was purchased by Adler Realty Advisors Inc., which will use the building as its new corporate headquarters.

Adler is currently headquartered at 20700 Ventura Blvd., in a building that's not far away from the complex it just purchased.

Don Thordeson and Jim Ebanks of Realty Advisory Group represented Adler. Mark Perry and Nancy Stark of CB Richard Ellis represented the seller, Equity Office Properties Trust. Chicago-based Equity is the largest publicly held owner and manager of office properties in the nation.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.