KLAC heads to the Pinnacle

The radio station that carries L.A. Lakers games and has a playlist

that includes Frank Sinatra and Nat King Cole is moving to Burbank to

join what is quickly becoming a hub of stations and record companies.

Radio personalities for KLAC-AM (570) announced on the air this

week that the station is moving from offices in Los Angeles to

Burbank, but did not say when the move would take place. A commercial

Realtor confirmed that the station is moving into the Pinnacle

building at 3400 W. Olive Ave. as part of an influx of radio

stations.

KLAC officials did not return repeated calls for comment on the

move, and the station’s Web site makes no reference to the announced

move or move-in date.

In January, the station’s parent company -- San Antonio-based

Clear Channel Communications Inc. -- announced an agreement with

developer M. David Paul Associates to move eight Los Angeles-area

radio stations, including KLAC, into the Pinnacle building in the

heart of Burbank’s Media District.

“We signed a lease very late last year for eight radio stations to

consolidate into the Pinnacle Building, and they will all be in by

March,” said Carl Muhlstein, senior director at Cushman & Wakefield,

the company that brokered the deal.

The consolidation has an estimated worth of $2 billion, with close

to 100,000 square feet being leased for $45 million throughout the

lease’s 12-year duration.

Among the other stations that are moving are KOST-FM (103.5),

KBIG-FM (104.3), KFI-AM (640), KXTA-AM (1150).

For more information, call 846-3111.

Ryan Carter