Josh Gorin Of Savills Leases 20000 Square Feet Office Space At 1900 Avenue Of The Stars
1900 Avenue Of The Stars
Building Size
20,000 SF
Asset Type
Office
Closing
Mar 18, 2025
AI
The property involved in this lease transaction is an office asset located at 1900 Avenue Of The Stars, Los Angeles. The leased space encompasses 20,000 square feet. The deal has been formalized under the current market conditions of the Los Angeles area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1900 Avenue Of The Stars
- Market: Los Angeles
- Square Feet: 20,000
- Tenant: Josh Gorin - Savills
- Landlord: Patrick C. Haden & Matt Lavin - Anderson Real Estate
- Tenant's Representative: Josh Gorin - Savills
- Landlord's Representatives: David Freitag - CBRE, Kayla Rix - CBRE, Rocky Binswanger - CBRE
- Brokers: Peter Best - LA Realty Partners
This transaction involved multiple key individuals and companies. The tenant was represented by Josh Gorin from Savills, while the landlord had representation from David Freitag, Kayla Rix, and Rocky Binswanger of CBRE. The brokerage services were provided by Peter Best of LA Realty Partners.
Players
Los Angeles 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