Updated Oct 29, 2024
HLW Leases 10000 Square Feet At 1437 4th St Santa Monica Represented By Justin Collins And John Warfel
1437 4th St, Santa Monica, CA, 90401
Building Size
10,000 SF
Asset Type
Office
Closing
Nov 26, 2018
About this deal
AI
The property involved in this lease transaction is located at 1437 4th St, Santa Monica, CA, 90401. The asset spans 10,000 square feet and is situated in the Santa Monica market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: HLW
- Landlord: Folke Investments
- Tenant's Representative: Justin Collins-Cushman & Wakefield
- Landlord's Representative: John Warfel-Metropolitan Pacific Real Estate Group
This transaction involved key representatives from well-known commercial real estate firms, with Justin Collins representing HLW and John Warfel representing Folke Investments. This highlights the involvement of specialized brokers in facilitating the lease agreement.
Players
Santa Monica Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Deal FAQ
Browse California office leases on Traded.
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