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Premier Workspaces Leases 14,500 SF Office Space At 2121 Avenue Of The Stars In Los Angeles

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LEASED
$45

California

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LEASED

Premier Workspaces Leases 14,500 SF Office Space At 2121 Avenue Of The Stars In Los Angeles

2121 Avenue of the Stars

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Office14,500 SF
Leased
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$45
Total Square Footage:14500 SF
Transaction Type:Lease

Premier Workspaces has secured a 10-year lease for a 14,500 square feet shared office space at 2121 Avenue of the Stars in Century City, Los Angeles. The office is located in a 34-story, Class A trophy building known as Fox Plaza, which became famous for its role as Nakatomi Plaza in Die Hard, and was also a former office of Ronald Reagan.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 2121 Avenue of the Stars
  • Market: Los Angeles

Premier Workspaces, represented by Gary Weiss from LA Realty Partners, has leased a 14,500 square feet shared office space at 2121 Avenue of the Stars in Century City, Los Angeles. The landlord, The Irvine Co., was represented by Rick Buckley from LA Realty Partners. The lease is for a duration of 10 years.

Players

Rick Buckley
3 deals
BROKER

Gary Weiss
LA Realty Partners
2 deals
BROKER

TENANT

Details

LEASED
IMAGE: Gary Weiss DATE: 04/21/2023 ADDRESS: 2121 Avenue of the Stars MARKET: Los Angeles ASSET TYPE: Office LANDLORD: The Irvine Co. TENANT: Premier Workspaces LANDLORD'S REP: Rick Buckley - LA Realty Partners (@LARealtyPartners) TENANT'S REP: Gary Weiss - LA Realty Partners ASKING RENT: $45/ft. ~ SF: 14,500 LEASE TERMS: 10-year NOTE: Premier Workspaces has secured a 10-year lease for a 14,500 square feet shared office space at 2121 Avenue of the Stars in Century City, Los Angeles. The office is located in a 34-story, Class A trophy building known as Fox Plaza, which became famous for its role as Nakatomi Plaza in Die Hard, and was also a former office of Ronald Reagan.

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Deal Type
Effective Rent (Annual)

$748,018.13

Total Lease Value

$7,480,181.25

Net Landlord Cash Flow$748,018.13