Ben Marc Leases 21,000 SF Industrial Space To Universal Contractors In Los Angeles For $1.30/ft

The property involved in this transaction is an industrial asset located at 365 East Jefferson Boulevard, Los Angeles, with a total square footage of 21,000. The asking rent for the premises is $1.30 per square foot. The lease type for this agreement is a Single Net Lease, and the lease term is set for 5 years.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $1.30/ft
• Address: 365 East Jefferson Boulevard, Los Angeles
• Market: Los Angeles
• Landlord: Ben Marc
• Tenant: Universal Contractors
• Lease Term: 5 Years
• Lease Type: Single Net Lease
• Brokers: Shanna Naim & Nico Atherton - Skyview Real Estate Partners

Shanna Naim and Nico Atherton of Skyview Real Estate Partners represented both the landlord, Ben Marc, and the tenant, Universal Contractors, in securing this lease. The tenant is an international non-profit organization in need of additional space within the Los Angeles area.