Historic 1920s Parcel Sells for New HQ

BURBANK, CA-Ardwin Freight has acquired a historic 110,000-square-foot industrial land parcel at 2940 N. Hollywood Way here and plans to build a corporate headquarters and storage facility on the site, which once housed aviation industry pioneers. According to seller’s rep Brett Warner, a principal at Lee & Associates-LA North/Ventura Inc., the site was home in the early days of aviation to Pacific AirMotive Corp., which became the first FAA authorized turbine-overhaul facility and is believed to have overhauled one of Amelia Earhart’s planes.

Warner says that what sold the property is that land parcels in Burbank are rarely available, and this one is on a primary boulevard with high visibility adjacent to the Bob Hope Airport. The seller of the property had acquired it with plans to build its corporate headquarters on the site, but the company’s growth outpaced those plans, and the land proved too small for its needs.