Mark Benjamin Leases 10,000 SF Industrial Space To Universal Church In Los Angeles For 3 Years

The property involved in this transaction is an industrial asset located at 347 E Jefferson Blvd in Los Angeles. The lease was negotiated at an asking rent of $1.20 per square foot for a total area of 10,000 square feet. The lease term is set for 3 years and is categorized as a Full Service Gross lease.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1.20/ft
• Lease Term: 3 Years
• Lease Type: Full Service Gross
• Landlord: Mark Benjamin
• Tenant: Universal Church
• Brokers: Shanna Naim & Nico Atherton - Skyview Real Estate Partners

Shanna Naim and Nico Atherton represented both the Landlord, Mark Benjamin, and the Tenant, Universal Church, in this lease negotiation. This successful transaction secured a 3-year lease for the non-profit organization, highlighting the collaborative effort of the brokers in closing the deal.