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345 N Maple Dr, Beverly Hil...

Levine Leichtman Capital Partners Leases 24000 Square Feet At 345 N Maple Dr Beverly Hills
LEASED

Levine Leichtman Capital Partners Leases 24000 Square Feet At 345 N Maple Dr Beverly Hills

345 N Maple Dr, Beverly Hills, CA, 90...

Building Size

24,000 SF

Asset Type

Closing

Nov 20, 2023

AI

The property located at 345 N Maple Dr, Beverly Hills, CA encompasses 24,000 square feet and is part of the Beverly Hills market. The property is leased to Levine Leichtman Capital Partners by the landlord, Tishman Speyer.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 345 N Maple Dr, Beverly Hills, CA
  • Square Feet: 24,000
  • Market: Beverly Hills
  • Landlord: Tishman Speyer
  • Landlord's Representative: John Ollen-Tishman Speyer
  • Tenant: Levine Leichtman Capital Partners

The representatives involved in this transaction include John Ollen, who represents the landlord Tishman Speyer. Levine Leichtman Capital Partners is the tenant in this lease agreement.

Players

John Ollen

Newmark

Broker

3 deals

Broker
Tishman Speyer
Tishman SpeyerLandlord
Capital Partners
Capital PartnersTenant

Beverly Hills CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93