WG

Worthe Real Estate Group

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Company Research Report: Worthe Real Estate Group



Company Overview



  • Name: Worthe Real Estate Group

  • Mission: Worthe is known for creating some of the highest quality office environments which support vibrant business communities throughout Los Angeles.

  • Founded By: No information is available.

  • Date Founded: No information is available.

  • Key People: No information is available.

  • Headquarters: 100 Wilshire Boulevard, Suite 2100, Santa Monica, CA 90401

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Worthe Real Estate Group is recognized for its premier commercial properties and high-quality office environments.


Products



  • What they offer: Worthe Real Estate Group specializes in the development and management of commercial properties.

  • High-level Description: The company owns and manages a substantial portfolio exceeding 8,000,000 square feet in the Los Angeles area, featuring various projects and studios.


### Properties
  • The Ocean Avenue Project - A prime property offering.

  • The Burbank Studios - A major acquisition recently reacquired from Warner Bros.

  • Media Studios I to V - State-of-the-art studio facilities.

  • The Ranch Lot - A major development with recent construction progress.


  • Key Features:

  • High-quality office environments.

  • Properties support vibrant business communities.

  • Facilities include state-of-the-art office and studio spaces.


Recent Developments



  • Financing:

  • Worthe Real Estate Group secured the first single-borrower loans in the US since 2022 for their Burbank Media Portfolio. This includes a collection of Class “A” office properties totaling approximately 2.1 million square feet.


  • Acquisitions:

  • The Burbank Studios was reacquired from Warner Bros. This acquisition was conducted through a deal with Stockbridge Capital and QuadReal.


  • Construction Projects:

  • The first wall was tilted at the 30-acre Warner Bros. Ranch Lot in Burbank. This significant project continues to progress with Worthe Real Estate Group collaborating with Stockbridge Real Estate Funds.


  • Partnerships:

  • Worthe has active collaborations with Stockbridge Capital and QuadReal for key real estate projects.


This report provides an overview of Worthe Real Estate Group's operations based on the available data, emphasizing its role in the Los Angeles commercial property market and highlighting recent financial and development achievements.