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Armanino LLP Leases Office Spaces In Los Angeles & Irvine With Multiple Brokers

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LEASED

California

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Office90,480 SF
Leased 05/20/2024
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LEASED

Armanino LLP Leases Office Spaces In Los Angeles & Irvine With Multiple Brokers

2121 Avenue of the Stars & 400 Spectrum Center Drive

See Similar Deals
Office90,480 SF
Leased 05/20/2024
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:90,480 SF
Transaction Type:Lease

Office properties located at 2121 Avenue of the Stars in Los Angeles and 400 Spectrum Center Drive in Irvine, were involved in a lease transaction on May 20, 2024. Armanino LLP leased 23,450 square feet at the Los Angeles address and 22,000 square feet at the Irvine location. The landlord, Roger DeWames of Irvine Company Office Properties, facilitated the lease between the parties.

Summary of transaction details:

Armanino LLP's decision to lease space at both 2121 Avenue of the Stars and 400 Spectrum Center Drive was influenced by Irvine Company's financial stability and the premium amenities provided at the properties. This lease transaction highlights the attractiveness of these office locations to tenants across multiple markets.

Players

Danny Rees
2 deals(213) 613-3020
BROKER

Details

LEASED
IMAGE: 05/20/2024 ADDRESS: 2121 Avenue of the Stars & 400 Spectrum Center Drive MARKET: Los Angeles & Irvine ASSET TYPE: Office ~ SF: 45,240 LANDLORD: Roger DeWames - Irvine Company Office Properties TENANT: Armanino LLP BROKERS: Danny Rees - CBRE; Randy Parker - Savills NOTE: Armanino LLP leased 23,450 square feet at 2121 Avenue of the Stars in Los Angeles and 22,000 square feet at 400 Spectrum Center in Irvine. Irvine Company credits its financial stability and premium amenities for attracting tenants like Armanino across multiple markets.

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Deal Type
Effective Rent (Annual)

$5,186,259.00

Total Lease Value

$51,862,590.01

Net Landlord Cash Flow$5,186,259.00