Eli Michaelson Leases Industrial Space From Brightstone Holdings LLC At 1200 E. 5th St
LEASED
$5,000
California
See Similar DealsIndustrial1,268 SF
Leased 08/05/2024
LEASED
Eli Michaelson Leases Industrial Space From Brightstone Holdings LLC At 1200 E. 5th St
1200 E. 5th St
See Similar DealsIndustrial1,268 SF
Leased 08/05/2024
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$5,000
Total Square Footage:1,268 SF
Transaction Type:Lease
The property involved in this transaction is located at 1200 E. 5th St, within the industrial asset category in the Los Angeles market. The lease was finalized for a total square footage of 1,268.0, with a rate of $5,000.0 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: 5,000.0
- Address: 1200 E. 5th St
- Market: Los Angeles
- Tenant: Eli Michaelson
- Landlord: Brightstone Holdings LLC
- Square Feet: 1,268.0
Eli Michaelson represents the tenant in this lease agreement, while Brightstone Holdings LLC is acting as the landlord. The transaction highlights the involvement of both parties in securing the lease for the specified industrial space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,268,099.48
Total Lease Value
$72,680,994.83
Net Landlord Cash Flow$7,268,099.48
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