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Facebook Leases Playa Vista Office Space From TishmanSpeyer With Broker CushWake

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LEASED

California

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Office260,000 SF
Leased 12/28/2018
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Property Image
LEASED

Facebook Leases Playa Vista Office Space From TishmanSpeyer With Broker CushWake

12105 West Waterfront Drive, Playa Vista, Los Angeles, CA 90094, USA

See Similar Deals
Office260,000 SF
Leased 12/28/2018
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Summary

CALIFORNIA
Asset Type:Office
Total Square Footage:260,000 SF
Transaction Type:Lease

Facebook has signed a lease agreement for office space located at 12105 E Waterfront Drive in Playa Vista. The property, owned by Tishman Speyer, spans 260,000 square feet and is valued at $67.80 per square foot. The deal was facilitated by broker CushWake.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Date: 12/28/2018
  • Market: Playa Vista

The lease agreement at 12105 E Waterfront Drive was signed by Facebook, represented by broker CushWake, and the property's landlord, Tishman Speyer.

Details

LEASED
IMAGE: Rob Speyer, Jerry I. Speyer and Mark Zuckerberg DATE: 12/28/2018 ADDRESS: 12105 E Waterfront Drive MARKET: Playa Vista ASSET TYPE: Office PPSF: $67.80 SF: 260,000 TENANT: @Facebook LANDLORD: @TishmanSpeyer BROKER: @CushWake

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Deal Type
Effective Rent (Annual)

$14,903,043.10

Total Lease Value

$149,030,431.05

Net Landlord Cash Flow$14,903,043.10