facebook

traded

+ Submit
Home

/

Deals

/

California

/

Office

/

Lease

/

1041 North Formosa Avenue

Hasbro Leases Office Space At 1041 North Formosa Avenue In West Hollywood For $71 Per Ft
LEASEDOffice

Hasbro Leases Office Space At 1041 North Formosa Avenue In West Hollywood For $71 Per Ft

1041 North Formosa Avenue

$71

$71/SF

Building Size

31,440 SF

Asset Type

Office

Closing

Apr 27, 2026

AI

The property asset involved in this transaction is located at 1041 North Formosa Avenue in West Hollywood. It is classified as office space, encompassing a total of 31,440 square feet. The landlord for this lease is The Lot at Formosa, and Hasbro has signed a lease for the space at an asking rent of $71 per square foot under a Full Service Gross lease type.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $71/ft
  • Square Footage: 31,440
  • Address: 1041 North Formosa Avenue
  • Market: West Hollywood
  • Landlord: The Lot at Formosa
  • Tenant: Hasbro
  • Landlord's Representatives: Nicole Mihalka - CBRE; Hayley English Blockley - JLL; Blake Eckert - CIM

Key individuals and companies involved in this lease transaction include landlord representatives Nicole Mihalka from CBRE, Hayley English Blockley from JLL, and Blake Eckert from CIM, who facilitated the agreement with tenant Hasbro.

Players

Nicole Mihalka

CBRE

Broker

$29.6M

vol

11 deals

Broker

West Hollywood Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

223422.54%

Cash-on-Cash

-63854.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93