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Omega Cinema Props Leases Industrial Space At 1515 E. 15th St In DTLA Central Industrial District

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LEASED

California

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Industrial245,000 SF
Leased 05/31/2019
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LEASED

Omega Cinema Props Leases Industrial Space At 1515 E. 15th St In DTLA Central Industrial District

1515 East 15th Street, Los Angeles, CA 90021, USA

See Similar Deals
Industrial245,000 SF
Leased 05/31/2019
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Summary

CALIFORNIA
Asset Type:Industrial
Total Square Footage:245,000 SF
Transaction Type:Lease

The industrial property located at 1515 E. 15th St in DTLA Central Industrial District has been leased by Omega Cinema Props, a tenant. The property, owned by Rexford Industrial Realty, spans a total of 245,000 square feet. The lease was executed on 05/31/2019 with an asking rent of $0.81 per square foot, resulting in a total lease consideration of $27,101,220.32.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $27,101,220.32
  • Date: 05/31/2019
  • Address: 1515 E. 15th St
  • Market: DTLA Central Industrial District

The leasing deal for the industrial property involved Omega Cinema Props as the tenant. The negotiations were facilitated by brokers Chris McKenzie from McKenzie Commercial and Delphi Business Properties. The property is owned by Rexford Industrial Realty.

Players

Christopher (Chris) Mckenzie
5 deals$24.5M volume(818) 986-9800
BROKER

Rexford Industrial
LANDLORD

Details

LEASED
IMAGE: Chris McKenzie @omegacinemaprops DATE: 05/31/2019 ADDRESS: 1515 E. 15th St MARKET: DTLA Central Industrial District ASSET TYPE: Industrial TENANT: Omega Cinema Props LANDLORD: Rexford Industrial Realty @rexford_industrial BROKERS: Chris McKenzie @mckenziecommercial @delphibusinessproperties ASKING RENT: $0.81 SF: 245,000 NOTES: Total lease consideration - $27,101,220.32

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Deal Type
Effective Rent (Annual)

$14,043,252.16

Total Lease Value

$140,432,521.57

Net Landlord Cash Flow$14,043,252.16