Beverly Hills Luxury Residences Leases Industrial Space At 1977 South Sepulveda Boulevard For $32/ft
LEASED
$32
+ 2
California
See Similar DealsIndustrial26,000 SF
Leased 05/01/2025
LEASED
Beverly Hills Luxury Residences Leases Industrial Space At 1977 South Sepulveda Boulevard For $32/ft
1977 South Sepulveda Boulevard
See Similar DealsIndustrial26,000 SF
Leased 05/01/2025
+ 2
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$32
Total Square Footage:26,000 SF
Transaction Type:Lease
The property asset involved in this transaction is an industrial space located at 1977 South Sepulveda Boulevard in Los Angeles. The lease has an asking rent of $32 per square foot for a total square footage of 26,000. The lease type is classified as a NNN lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $32/ft
- Address: 1977 South Sepulveda Boulevard
- Market: Los Angeles
- Landlord: Copperfield Investment & Development Company
- Tenant: Beverly Hills Luxury Residences
- Brokers: Brad Chelf, Phillip Sample, Chris Caras, Blake Mirkin, and Kyle Widener - CBRE
This transaction involves key individuals from CBRE, with Brad Chelf, Phillip Sample, Chris Caras, Blake Mirkin, and Kyle Widener representing the interests of the landlord and tenant within the leasing process.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$953,794.76
Total Lease Value
$9,537,947.59
Net Landlord Cash Flow$953,794.76
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