Updated Oct 15, 2025
Saif Khawaja Of Shinkei Systems Leases 15000 SF Office In El Segundo From Smoky Hollow Industries
1301 East El Segundo Boulevard
Building Size
15,000 SF
Asset Type
Office
Closing
Sep 16, 2025
About this deal
AI
The property asset involved in the transaction is located at 1301 East El Segundo Boulevard, El Segundo. This office space encompasses a total of 15,000 square feet, and it is situated in a market known for its business-friendly environment. The landlord of the property is Smoky Hollow Industries, who has successfully secured a tenant for this office space.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1301 East El Segundo Boulevard
- Market: El Segundo
- Source of Funding: $22M funding round for tenant
- Tenant: Saif Khawaja - Shinkei Systems
- Landlord: Smoky Hollow Industries
This lease marks a significant expansion for Saif Khawaja and Shinkei Systems, as they have more than doubled their headquarters footprint from 6,100 square feet. The new site will support engineering, testing, and manufacturing operations, and it will also house their seafood brand, Seremoni.
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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