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Jordan L. Kaplan Of Douglas Emmett Leases 16,000 SF Office To Industrious In Beverly Hills

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LEASED
JH
JK
JS

California

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Office16,000 SF
Leased 04/10/2025
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LEASED

Jordan L. Kaplan Of Douglas Emmett Leases 16,000 SF Office To Industrious In Beverly Hills

150 South Rodeo Drive

See Similar Deals
Office16,000 SF
Leased 04/10/2025
JH
JK
JS
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,000 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 150 South Rodeo Drive in Beverly Hills, encompassing 16,000 square feet. The transaction falls within the competitive market of Beverly Hills, where various real estate dynamics are at play.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 150 South Rodeo Drive
  • Market: Beverly Hills
  • Landlord: Jordan L. Kaplan - Douglas Emmett
  • Tenant: Jamie Hodari, Justin Stewart & Liz Simon - Industrious

The deal features key individuals, including Jordan L. Kaplan representing the landlord Douglas Emmett and the tenant group including Jamie Hodari, Justin Stewart, and Liz Simon from Industrious. This marks the first location for Industrious in the Beverly Hills area, expanding their portfolio following a significant acquisition by CBRE, reflecting a unique business model in the flex office segment.

Details

LEASED
IMAGE: Jordan L. Kaplan, Jamie Hodari, Justin Stewart & Liz Simon DATE: 04/10/2025 ADDRESS: 150 South Rodeo Drive MARKET: Beverly Hills ASSET TYPE: Office ~ SF: 16,000 LANDLORD: Jordan L. Kaplan - Douglas Emmett (@DouglasEmmett) TENANT: Jamie Hodari (@JamieHodari), Justin Stewart & Liz Simon - Industrious NOTE: Industrious is opening a 16,000 SF flex office at 150 S. Rodeo Drive in Beverly Hills this fall, marking its first location in the area. The expansion follows its $400M acquisition by CBRE and reflects its asset-light, profit-sharing model with landlords, contrasting WeWork’s lease-heavy approach.

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Deal Type
Effective Rent (Annual)

$917,110.34

Total Lease Value

$9,171,103.45

Net Landlord Cash Flow$917,110.34