Liberty Behavioral And Community Services Leases 29,650 SF Industrial Space From Crystal Promotions In Los Angeles
LEASED
$1
California
See Similar DealsIndustrial29,650 SF
Leased 01/01/2025
LEASED
Liberty Behavioral And Community Services Leases 29,650 SF Industrial Space From Crystal Promotions In Los Angeles
1820 South Grand Avenue
See Similar DealsIndustrial29,650 SF
Leased 01/01/2025
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$1
Total Square Footage:29,650 SF
Transaction Type:Lease
The industrial property located at 1820 South Grand Avenue in Los Angeles encompasses a total square footage of 29,650. The asking rent for this space is set at $1.55 per square foot under a modified gross lease arrangement.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $45,907.50
- Landlord: Crystal Promotions, Inc.
- Tenant: Liberty Behavioral and Community Services
- Landlord's Representative: Justin Weiss & Lee Shapiro - Kennedy Wilson Brokerage
- Tenant's Representative: Laura Milshteyn - Douglas Elliman
Key representatives involved in this leasing agreement include Justin Weiss and Lee Shapiro, who represent the landlord, Crystal Promotions, Inc. Meanwhile, Laura Milshteyn is the representative for the tenant, Liberty Behavioral and Community Services, facilitating discussions and agreements for this lease transaction.
Players
LENDER
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$52,685.12
Total Lease Value
$526,851.23
Net Landlord Cash Flow$52,685.12
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