Mangan Inc. Signs Lease For 37000 Square Feet At Aero Long Beach Represented By Savills
3900 Kilroy Airport Way
Building Size
37,000 SF
Asset Type
Office
Closing
Feb 26, 2025
AI
The asset involved in this transaction is an office space located at 3750-3900 Kilroy Airport Way in Long Beach, encompassing a total of 37,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 3750-3900 Kilroy Airport Way
- Market: Long Beach
- Landlord: Angela M. Aman - Kilroy
- Tenant: Amin Solehjou - Mangan Inc
- Landlord's Representative: Jason Fine & Monica Enes - JLL
- Tenant's Representative: Bruce Schuman & Steve Pisarik - Savills
- Move-in Date: November 2025
- Notable Lease: A major lease at the 957,700-square-foot office campus
The transaction involved representatives from both sides, with Jason Fine and Monica Enes acting on behalf of the landlord, Kilroy. On the tenant side, Bruce Schuman and Steve Pisarik facilitated the deal for Mangan Inc., indicating a smooth negotiation process between the parties involved.
Players
Long Beach 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