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Max Rangel Of Spin Master Signs Multiyear Office Lease At Tishman Speyer's The Collective Campus
LEASED
California
See Similar DealsOffice132,300 SF
Leased
LEASED
Max Rangel Of Spin Master Signs Multiyear Office Lease At Tishman Speyer's The Collective Campus
11975 West Bluff Creek Drive
See Similar DealsOffice132,300 SF
Leased
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:132300 SF
Transaction Type:Lease
The asset involved in this lease transaction is an office space totaling 132,300 square feet, located at 11985, 11995 & 11975 West Bluff Creek Drive in Playa Vista. This property is part of Tishman Speyer’s The Collective campus.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 11985, 11995 & 11975 West Bluff Creek Drive
- Market: Playa Vista
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: Max Rangel - Spin Master
- Landlord's Representative: Allen Palmer - Tishman Speyer
- Tenant's Representatives: Chris Dumont - Madison Partners; Maureen Hawley & Tony Morales - JLL
This lease marks the largest Silicon Beach office lease in two years, with Spin Master entering into a multiyear lease agreement. Tishman Speyer managed the leasing process in-house for this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,583,356.16
Total Lease Value
$75,833,561.65
Net Landlord Cash Flow$7,583,356.16
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