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:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 136 South El Camino Drive
- Market: Beverly Hills
- Landlord: ARKA Properties Group Inc
- Tenant: Atria Health Institute
- Landlord's Representative: Drew Pion, Jeffrey Pion & Michelle Esquivel-Hall - CBRE
- Tenant's Representative: Luke Raimondo & Michael Mathias - Cushman & Wakefield
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
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