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12101 West Bluff Creek Drive

Frank & Eileen Lease 37,453 Square Feet At 12101 West Bluff Creek Drive In Playa Vista
LEASEDOffice

Frank & Eileen Lease 37,453 Square Feet At 12101 West Bluff Creek Drive In Playa Vista

12101 West Bluff Creek Drive

Building Size

37,453 SF

Asset Type

Office

Closing

Jul 21, 2026

AI

The property asset involved in this transaction is an office space located at 12101 West Bluff Creek Drive in Playa Vista, CA, encompassing a total square footage of 37,453. The transaction indicates a lease agreement, which involves the landlord and tenant transitioning into a new rental arrangement within this specific market.

Summary of transaction details:

This lease transaction marks the relocation of Frank & Eileen's headquarters from downtown Los Angeles to the Hercules Campus in Playa Vista. The representation of the tenant was handled by Savills, specifically by John Bertram, Hunter Bertram, and Luke Troedson, while the landlords, Invesco and The Ratkovich Company, were represented by Josh Wrobel, Cassie Trosclair, Gary Horwitz, and Blake Searles from JLL.

Players

John Bertram

Savills

Broker

$7.3M

vol

2 deals

Broker
TC
The Ratkovich CompanyLandlord
Audrey McLoghlin

Audrey McLoghlin

Frank & Eileen

Tenant

1 deal

Tenant

Playa Vista 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