Gentry Long Of Industrious Signs Lease For 22000 SF Office At 15301 Ventura Boulevard
15301 Ventura Boulevard
Building Size
22,000 SF
Asset Type
Office
Closing
Mar 5, 2026
AI
The property is located at 15301 Ventura Boulevard in Sherman Oaks, California. It is an office asset encompassing 22,000 square feet and forms part of the Sherman Oaks Galleria. The property is owned by Douglas Emmett.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Disclosed
- Address: 15301 Ventura Boulevard
- Market: Sherman Oaks
- Landlord: Jordan L. Kaplan - Douglas Emmett
- Tenant: Gentry Long - Industrious
- Lease Size: 22,000 square feet
- Opening Date: April 2026
- Dedicated Office Seats: 257
- On-Demand Seats: 50
Jordan L. Kaplan represents Douglas Emmett in this lease transaction, while Gentry Long represents Industrious. This deal signifies Industrious's expansion in Southern California with its new location in Sherman Oaks.
Players
Sherman Oaks 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