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Amazon Leases 155,700 SF Property In Valencia, CA From IAC Properties With NKF Brokers

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LEASED

California

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MultiFamily155,700 SF
Leased 06/18/2020
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LEASED

Amazon Leases 155,700 SF Property In Valencia, CA From IAC Properties With NKF Brokers

28820 Chase Place, Valencia, California, USA

See Similar Deals
MultiFamily155,700 SF
Leased 06/18/2020
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Summary

CALIFORNIA
Asset Type:MultiFamily
Total Square Footage:155,700 SF
Transaction Type:Lease

Amazon has signed a lease agreement for a property located at 28820 Chase Place in Valencia, CA. The property, with a total square footage of 155,700, is owned by IAC Properties. The deal was facilitated by brokers John DeGrinis, Jeff Abraham, and Patrick DuRoss from NKF.

Summary of transaction details

  • Property Type: Lease
  • Date: 06/18/2020
  • Market: Valencia, CA
  • Tenant: Amazon
  • Landlord: IAC Properties
  • Brokers: John DeGrinis, Jeff Abraham, and Patrick DuRoss - NKF
  • Asking Rent: $11 (approx.)
  • Square Footage: 155,700

This lease transaction represents an agreement between Amazon and IAC Properties. The brokers, John DeGrinis, Jeff Abraham, and Patrick DuRoss from NKF, facilitated the deal. With a square footage of 155,700, the property is located at 28820 Chase Place in Valencia, CA.

Players

John DeGrinis
7 deals$123.1M volume
BROKER

Jeff Abraham
Newmark
6 deals$127.1M volume
BROKER

Patrick DuRoss
Newmark
6 deals$123.1M volume
BROKER

Amazon
TENANT

Details

LEASED
IMAGE: John DeGrinis, Jeff Bezos, Patrick DuRoss & Jeff Abraham DATE: 06/18/2020 ADDRESS: 28820 Chase Place MARKET: Valencia, CA TENANT: @Amazon LANDLORD: IAC Properties BROKERS: John DeGrinis, Jeff Abraham & Patrick DuRoss - NKF ASKING RENT: $11 (approx.) SF: 155,700

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Deal Type
Effective Rent (Annual)

$8,924,630.04

Total Lease Value

$89,246,300.44

Net Landlord Cash Flow$8,924,630.04