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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

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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

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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

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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.

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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


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