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1425 North Main Street

Los Angeles Squash Academy Leases 12000 SF Industrial Space With Evan Jurgensen And Albert Blanck
LEASEDIndustrial

Los Angeles Squash Academy Leases 12000 SF Industrial Space With Evan Jurgensen And Albert Blanck

Building Size

12,000 SF

Asset Type

Industrial

Closing

Mar 1, 2026

AI

The asset involved in this lease transaction is an industrial property located in Los Angeles, encompassing a total square footage of 12,000. The lease is structured as a Single Net Lease, facilitating the operational needs of the tenant within the market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Market: Los Angeles
  • Tenant: Los Angeles Squash Academy
  • Landlord's Representative: Evan Jurgensen - Lee & Associates
  • Tenant's Representative: Albert Blanck - Blanck Group Realty

This leasing deal was successfully facilitated by Blanck Group Realty, which sourced the warehouse to serve as the new flagship location for the LA Squash Academy, highlighting the collaborative efforts of the involved parties in finalizing this arrangement.

Players

Evan Jurgensen

Lee & Associates

Broker

$36.6M

vol

4 deals

Broker

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · 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