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10 W Walnut St, Pasadena, C...

Dine Brands Leases 92000 Square Feet At 10 W Walnut St Pasadena With LPC West As Landlord
LEASEDOffice

Dine Brands Leases 92000 Square Feet At 10 W Walnut St Pasadena With LPC West As Landlord

10 W Walnut St, Pasadena, CA, 91103

Building Size

92,000 SF

Asset Type

Office

Closing

Jun 23, 2022

AI

The property involved in this transaction is located at 10 W Walnut St, Pasadena, CA, 91103. It is situated in the Pasadena market and covers a total space of 92,000 square feet. The landlord for this transaction is LPC West.

Summary of transaction details:

This transaction involved several key individuals and firms. The tenant was represented by Jude Collins and Eric Olofson from Cushman & Wakefield, while the landlord was represented by Juliana Sampson and Doug Marlow from CBRE. Additionally, the brokers involved in the lease were Kent Handleman and Douglas Brown from Lincoln Property Company, and Eric Duncanson from Cushman & Wakefield.

Players

Jude Collins

Cushman & Wakefield

Broker

2 deals

Broker
LW
LPC WestLandlord

Pasadena 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