Updated Oct 14, 2026
Oracle Leases Office Space To Lionsgate In Santa Monica For $60/ft
2700 Colorado Avenue
$66
$66/SF
Building Size
153,000 SF
Asset Type
Office
Closing
Jan 15, 2024
About this deal
AI
The property at 2700 Colorado Avenue in Santa Monica has been leased for an office space. The deal involved a total space of 153,000 square feet with an asking rent of $60 per square foot. The landlord, Oracle, secured the lease with the tenant, Lionsgate.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 2700 Colorado Avenue
- Market: Santa Monica
- Tenant: Lionsgate
- Tenant's Rep: Blake Mirkin & Kyle Widener (KyleWidener) - CBRE ; Jim Travers & Lawson Martin - Cresa Los Angeles
The lease transaction was facilitated by Blake Mirkin and Kyle Widener from CBRE, along with Jim Travers and Lawson Martin from Cresa Los Angeles, who acted as the tenant's representatives in the deal.
On the Map
$66
$66/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
240348.48%
Cash-on-Cash
-68692.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93