Natasha Oakley And Devin Brugman's Monday Swimwear Leases Office Space At 400 South Beverly Drive In Beverly Hills
400 South Beverly Drive
$4
$4/SF
Building Size
3,360 SF
Asset Type
Office
Closing
Aug 1, 2023
AI
Jade Enterprises has leased an office space located at 400 South Beverly Drive in Beverly Hills. The property, which spans 3,360 square feet, was leased to Monday Swimwear, a swimwear brand owned by Natasha Oakley and Devin Brugman. The lease transaction was facilitated by Colliers International, with Jason Roth, Terence Kirk, and Greg Dunne serving as the tenant's representatives.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 400 South Beverly Drive, Beverly Hills
- Market: Beverly Hills
- Tenant: Monday Swimwear (Natasha Oakley and Devin Brugman)
- Tenant's Representative: Jason Roth, Terence Kirk, and Greg Dunne from Colliers International
- Asking Rent: $4 per square foot
- Size: 3,360 square feet
The lease agreement between Jade Enterprises and Monday Swimwear signifies a significant deal in the Beverly Hills office market. The collaboration between Natasha Oakley and Devin Brugman, who co-own Monday Swimwear, and Jade Enterprises highlights the ongoing growth and expansion in the fashion and retail industry. With the support of their representatives from Colliers International, Jason Roth, Terence Kirk, and Greg Dunne, Monday Swimwear secured a favorable lease agreement for the office space in a coveted location.
Players
Beverly Hills 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
3965750.00%
Cash-on-Cash
-1133423.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93