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Anchor Loans Signs 66-Month Lease At 1 Baxter Way, Westlake Village

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LEASED

California

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Office25,956 SF
Leased
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LEASED

Anchor Loans Signs 66-Month Lease At 1 Baxter Way, Westlake Village

1 Baxter Way, Westlake Village, CA, USA

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Office25,956 SF
Leased
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Summary

CALIFORNIA
Asset Type:Office
Total Square Footage:25,956 SF
Transaction Type:Lease

Anchor Loans, a tenant in Westlake Village, has signed a 66-month lease for an office space located at 1 Baxter Way. Represented by Jared Smits and Mike Tingus, the lease transaction was facilitated by Kennedy Wilson, the landlord. The office space spans a total square footage of 25,956 and was leased at a rate of $2.35 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: 66-month lease
  • Address: 1 Baxter Way, Westlake Village
  • Tenant: Anchor Loans
  • Landlord: Kennedy Wilson
  • Brokers: Jared Smits, Mike Tingus
  • Asking Price: $2.35 per square foot
  • Square footage: 25,956

Jared Smits and Mike Tingus from represented the tenant, Anchor Loans, in this leasing transaction. This deal marks a significant move for Anchor Loans as they secure a long-term lease agreement in the Westlake Village market.

Players

Jared Smits
10 deals$66.5M volume
BROKER

Mike Tingus
Lee & Associates
24 deals$297M volume(818) 223-4388
BROKER

TENANT

Details

LEASED
IMAGE: Jared Smits & Mike Tingus DATE: 03/03/2020 ADDRESS: 1 Baxter Way MARKET: Westlake Village ASSET TYPE: Office TENANT: Anchor Loans LANDLORD: Kennedy Wilson BROKERS: Jared Smits, Mike Tingus ASKING PRICE: $2.35 PSF SF: 25,956 NOTES: Jared Smits and Mike Tingus represented the tenant, Anchor Loans, in this 66-month lease at 1 Baxter Way.

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Deal Type
Effective Rent (Annual)

$1,487,782.26

Total Lease Value

$14,877,822.57

Net Landlord Cash Flow$1,487,782.26