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1 World Trade Center

Behar Gibbs Savage Paulson LLP Signs Lease For 35800 SF Office At 1 World Trade Center
LEASEDOffice

Behar Gibbs Savage Paulson LLP Signs Lease For 35800 SF Office At 1 World Trade Center

1 World Trade Center

Building Size

35,800 SF

Asset Type

Office

Closing

Aug 5, 2025

AI

1 World Trade Center, located in Long Beach, is an office asset encompassing 35,800 square feet. The property involves a lease agreement with the landlord being Greenlaw Partners/Walton Street Capital and a tenant, Behar Gibbs Savage Paulson LLP, which has been a long-term occupant for 35 years.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 35,800
  • Address: 1 World Trade Center
  • Market: Long Beach
  • Landlord: Greenlaw Partners/Walton Street Capital
  • Tenant: Behar Gibbs Savage Paulson LLP
  • Broker Representatives: Mike McKeever & Jason Fine - JLL

Mike McKeever represented the tenant, Behar Gibbs Savage Paulson LLP, while Jason Fine represented the landlord, Greenlaw Partners/Walton Street Capital, in this lease transaction across two floors at the property.

Players

Jason Fine

JLL

Broker

5 deals

Broker
JLL
JLLBrokerage
Greenlaw Partners
Greenlaw PartnersLandlord

Long Beach Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93