Downtown Burbank invites residents and visitors to "Come out and play," and indeed it's hard to resist the invitation - not when there are so many shopping centers, restaurants and entertainment venues to choose from. People flock to Burbank's commercial areas everyday. As a result, Burbank's total retail sales is 20% more than Beverly Hills' and Burbank's per capita retail sales are twice as much as Los Angeles County's.
It's no wonder then that Burbank commercial properties are some of the region's, if not the country's, prime business spots. It's hard for a company, whether new or established, not to succeed in Burbank. Dubbed "One of the Top 5 Most Business-Friendly Cities in Los Angeles County," Burbank offers full service to businesses big and small.
Businesses in Burbank benefit from the city's low tax structure, competitive utility rates, up to date telecommunications services, and easy access. Setting up shop in Burbank commercial properties will give businesses a competitive edge. Burbank has no gross receipts business license tax and no city income tax. In addition, Burbank has its own municipal power company, Burbank Water and Power (BWP), which not only ensures a continuous supply of power even during shortages, but also takes care of the 13-mile fiber-optic ring that encircles the city. Warner Bros. and The Walt Disney Company, two of Burbank's largest companies, presently avail of BWP's dark fiber-optic service.
Burbank's central location is another plus. In addition to being directly accessible through the Ventura Freeway and the Golden State Freeway, Burbank has a bus service, two commuter rail lines, Amtrack, and the Bob Hope airport. The bus links Burbank's major areas through five bus lines that make stops not only in Downtown Burbank, the Empire Center and the Media District, but also in the Metro stations and the airport area.
Burbank commercial properties are thus in high demand. Having Burbank commercial properties not only means having access to all these material resources, it also means being able to connect with a well educated, solid workforce. In Burbank, the average number of residents with bachelor's and graduate degrees is significantly higher than the state and national average.
For those businesses that prefer to be in close proximity to some of the world's biggest media companies, Burbank real estate in and near the Media District is continuously being developed. Media titans ABC, Cartoon Network, Nickelodeon, Warner Bros., Walt Disney Co., and NBC's West Coast Headquarters make their home in this area, as do well-known post-production operations like Technicolor and Foto-Kem Industries.
Though entertainment and media-related production are the main industries in Burbank, other industries like computer programming, insurance, manufacturing and technical services are also represented. Aviation, aerospace and retail companies, moreover, are among the city's top employers.
In short, it's good doing business in Burbank. With its very pro-business outlook and progressive real estate development, the city does all that it can to ensure that your company will prosper. With real estate values steadily on a rise, you will find Burbank commercial properties to be a wise investment.
If you want to know more about available Burbank commercial properties, consult with an expert: contact William J. Haverly & Associates at 818-551-9000, or via email at info@billhaverly.com . If you're calling from out of town, you are welcome to use the toll free number 888-600-5478.
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