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Showtime Networks Inc Leases 46920 Square Feet At 1041 N Formosa Ave West Hollywood

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LEASED

California

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Office46,920 SF
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LEASED

Showtime Networks Inc Leases 46920 Square Feet At 1041 N Formosa Ave West Hollywood

1041 N Formosa Ave, West Hollywood...

See Similar Deals
Office46,920 SF
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:46,920 SF
Transaction Type:Lease

The lease involves a property located at 1041 N Formosa Ave in West Hollywood, with a total square footage of 46,920. The market for this transaction is West Hollywood.

Summary of transaction details:

This lease marks a collaboration between Showtime Networks, Inc and CIM Group, facilitated by their respective representatives. Jonathan Serko from Cushman & Wakefield represented the tenant, while Carl Muhlstein and Hayley Blockley from JLL represented the landlord.

Players

Carl Muhlstein
4 deals$50M volume
BROKER

Jonathan Serko
Cushman & Wakefield
4 deals$60.5M volume
BROKER


CIM Group
LANDLORD

Details

LEASED
IMAGE: 1041 N Formosa Ave, West Hollywood... MARKET: West Hollywood TENANT'S REP: Jonathan Serko -Cushman & Wakefield LANDLORD'S REP: Carl Muhlstein, Hayley Blockley -JLL TENANT: Showtime Networks, Inc LANDLORD: CIM Group SQUARE FEET: 46920

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Deal Type
Effective Rent (Annual)

$2,689,426.09

Total Lease Value

$26,894,260.86

Net Landlord Cash Flow$2,689,426.09