Shamrock Holdings begins a $12 million office project in Burbank's media district.Shamrock Holdings Shamrock Holdings is the firm founded as the Roy E. Disney family investment firm and the Disney family remains a key investor. Roy is its chairman, and Stanley Gold its President/CEO. Shamrock owns a number of assets including hotels and radio and television stations. begins a $12 million office project in Burbank's media district Firm's third office project Shamrock Holdings Inc., the Burbank-based investment firm of Roy Disney Roy Disney can refer to two different people:
The 45,000-square-foot project, located at 4411 Olive Ave., was designed by The Luckman Partnership Inc. of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Modern Videofilm, a post-production house, is currently negotiating with Shamrock shamrock, a plant with leaves composed of three leaflets. According to legend it was used by St. Patrick in explaining the doctrine of the Trinity; it is now used as the emblem of Ireland. An artificial or real shamrock leaf is customarily worn on St. Patrick's Day. to lease the entire building, which has been dubbed dub 1 tr.v. dubbed, dub·bing, dubs 1. To tap lightly on the shoulder by way of conferring knighthood. 2. To honor with a new title or description. 3. Shamrock Gateway Plaza. Randy Boggan, Shamrock's director of real estate finance, said the lease negotiations are in their final stages, and that a lease is expected to be signed within the next three weeks. Modern Videofilm's president, Moshe Barkat, participated in the project's groundbreaking ceremonies this month. Shamrock Gateway Plaza is Shamrock's third office development in Los Angeles County. The company's other projects are a 70,000-square-foot office building in Agoura and Shamrock's 40,000-square-foot headquarters building in Burbank, which was the company's first development six years ago. Shamrock is also a limited partner in the Grand Central Market and Million Dollar Theater Building in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or . The general partner of that project, Ira Yellin, is planning a $25 million renovation of the two historic structures. Shamrock is also a joint venture partner with Boss Construction Co. in a 129-unit condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. development on the water-front in Oxnard. "Real estate has always been part of our investment strategy, and will continue to be," Boggan said. "It makes for a good, diversified portfolio. But corporate acquisition will continue to be our major focus." Corporate acquisitions currently in Shamrock's portfolio include two of the nation's largest chains of music and video stores, the 71-store Music Plus chain and the 140-store Sound Warehouse chain. It also owns 15 radio stations, three television stations and a 15 percent equity stake in Enterra Corp., a Houston-based oil services company. PHOTO : Disney project: Roy Disney's $12 million Shamrock Plaza Gateway breaks groundin Burbank |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion