facebook

traded

+ Submit
Home

/

Deals

/

California

/

Office

/

Lease

/

2121 Avenue Of The Stars

Irvine Company Leases 25,000 SF Office To Evoke Advisors At 2121 Avenue Of The Stars
LEASEDOffice

Irvine Company Leases 25,000 SF Office To Evoke Advisors At 2121 Avenue Of The Stars

2121 Avenue Of The Stars

$72

$72/SF

Building Size

25,000 SF

Asset Type

Office

Closing

May 19, 2025

AI

The property is located at 2121 Avenue of the Stars in the Los Angeles market. It is classified as an office asset with a leasing term of 120 months. The property spans 25,000 square feet, and the asking rent is set at $72 per square foot. This lease falls under the Full Service Gross type.

Summary of transaction details:

The transaction involves key individuals who represent both the landlord and tenant. Rick Buckley from LA Realty Partners represents the landlord, Irvine Company, while the tenant, Evoke Advisors, is represented by Blake Mirkin and Kyle Widener from CBRE.

Players

Rick Buckley

LA Realty Partners

Broker

4 deals

Broker
Irvine Company
Irvine CompanyLandlord

Los Angeles Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

220319.44%

Cash-on-Cash

-62967.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93