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1900 Avenue Of The Stars

Josh Gorin Of Savills Leases 20000 Square Feet Office Space At 1900 Avenue Of The Stars
LEASEDOffice

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:

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

Peter Best

LA Realty Partners

Broker

4 deals

Broker
Josh Gorin

Josh Gorin

Savills

Tenant

2 deals

Tenant

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