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Onni Group Leases 18000 Square Feet At 145 S Spring St, Los Angeles, With Andrew Tashjian

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LEASED

California

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Office18,000 SF
Leased 05/02/2017
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Property Image
LEASED

Onni Group Leases 18000 Square Feet At 145 S Spring St, Los Angeles, With Andrew Tashjian

145 S Spring St, Los Angeles, CA, 90012

See Similar Deals
Office18,000 SF
Leased 05/02/2017
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:18,000 SF
Transaction Type:Lease

The property involved in the transaction is located at 145 S Spring St, Los Angeles, CA, 90012. It is part of the Times Mirror Square complex, specifically within the Times South building, which offers 18,000 square feet of space. The building, constructed in 1935, is situated in the Los Angeles market and is part of a larger 243,749-square-foot structure. The site was previously owned by Tribune Media before being acquired by Onni Group for over $100 million.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 145 S Spring St, Los Angeles, CA, 90012
  • Market: Los Angeles
  • Landlord: Onni Group
  • Landlord's Representative: Andrew Tashjian - Cushman & Wakefield
  • Tenant: Uber
  • Square Feet: 18,000

Uber has signed the lease for the property, indicating its expansion into the Times South building within Times Mirror Square. Andrew Tashjian of Cushman & Wakefield represented the landlord in this transaction. It remains unclear whether this agreement constitutes a sublease or a direct lease, as both have occurred this year within the same building.

Players

Andrew Tashjian
3 deals$24.5M volume(818) 259-9956
BROKER

Onni Group
LANDLORD

Details

LEASED
IMAGE: 145 S Spring St, Los Angeles, CA, 90012 MARKET: Los Angeles LANDLORD'S REP: Andrew Tashjian(Cushman & Wakefield) TENANT: LANDLORD: Onni Group SQUARE FEET: 18000

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Deal Type
Effective Rent (Annual)

$1,031,749.14

Total Lease Value

$10,317,491.38

Net Landlord Cash Flow$1,031,749.14