Warner Bros. Hopes to Consolidate Offices in Burbank
Real Estate
by Shelly Garcia
Warner Bros. could go a long way toward relieving some of the real estate pressure in Burbank.
Warner has put out the word that it is interested in looking at a huge amount of office space, anywhere from 200,000 square feet to 400,000 square feet, in the city.
The company has no definitive plans to move ahead with a full-scale relocation, but Warner officials say they’d like to explore their options for consolidating operations in Burbank, where the studio is located.
“We’re not going to move the lot, and we have other offices all over the place, so it makes sense to look at our options,” said a senior executive.
Like The Walt Disney Co. and other entertainment giants, acquisition and expansion strategies over the recent past have left Warner with a patchwork of far-flung locations. The businesses under AOL Time Warner’s entertainment and networks division, which includes Turner Broadcasting System, WB Network, New Line Cinema, Warner Bros. Online among others, are currently scattered from Glendale to West Los Angeles, Burbank and Sherman Oaks.
The company has issued a request for proposals and hired Cushman
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