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234 South Brand Boulevard

Updated Sep 9, 2026

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Industrious Leases 12,000 Square Feet At Caruso's Historic Masonic Temple In Glendale
LEASEDOffice

Industrious Leases 12,000 Square Feet At Caruso's Historic Masonic Temple In Glendale

234 South Brand Boulevard

Building Size

12,000 SF

Asset Type

Office

Closing

Sep 2, 2026

About this deal

AI

The asset involved in this lease transaction is an office located at 234 South Brand Boulevard in Glendale, CA, encompassing a total square footage of 12,000. The lease was signed as part of the effort to expand office space in the area.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Size: 12,000 square feet
  • Address: 234 South Brand Boulevard
  • Market: Glendale, CA
  • Landlord: Jackie Levy - Caruso
  • Tenant: Gentry Long - Industrious
  • Expected Opening: June 2027
  • Private Office Seats: 101
  • Common-area Seats: 17
  • Industrious' Location Number: Second Glendale site, 19th across Greater Los Angeles

In this transaction, Jackie Levy represents Caruso as the landlord, while Gentry Long represents Industrious as the tenant. The deal reflects a strategic move for Industrious to expand its presence in the Greater Los Angeles area.

Players

Jackie Levy

Caruso

Landlord

1 deal

Landlord

Gentry Long

Industrious

Tenant

4 deals

Tenant

Glendale 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

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