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136 El Camino Drive

Atria Health Institute Leases 29600 SF Office In Beverly Hills For West Coast Flagship
LEASEDOffice

Atria Health Institute Leases 29600 SF Office In Beverly Hills For West Coast Flagship

136 El Camino Drive

Building Size

29,600 SF

Asset Type

Office

Closing

Apr 15, 2025

AI

The property asset involved in this transaction is an office space located at 136 South El Camino Drive, covering a total of 29,600 square feet. The transaction took place in the Beverly Hills market, and the property's landlord is ARKA Properties Group Inc, while the tenant is Atria Health Institute.

Summary of transaction details:

Atria Health Institute has leased the space for its first West Coast flagship, which is set to open in early 2026. The deal was facilitated with CBRE representing the landlord, ARKA Properties Group, and Cushman & Wakefield representing the tenant, Atria. The property is noted as a renovated and LEED-certified asset located in the Beverly Hills Golden Triangle.

Players

Jeffrey Pion

CBRE

Broker

$95.8M

vol

8 deals

Broker

Beverly Hills 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