Facebook Leases Playa Vista Office Space From TishmanSpeyer With Broker CushWake
LEASED
California
See Similar DealsOffice260,000 SF
Leased 12/28/2018
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 DealsOffice260,000 SF
Leased 12/28/2018
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
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$14,903,043.10
Total Lease Value
$149,030,431.05
Net Landlord Cash Flow$14,903,043.10
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