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Knotel Leases Office Space From Tala At 429 Santa Monica Blvd, Santa Monica

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LEASED

California

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Office12,388 SF
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LEASED

Knotel Leases Office Space From Tala At 429 Santa Monica Blvd, Santa Monica

429 Santa Monica BLVD, Santa Monica...

See Similar Deals
Office12,388 SF
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:12,388 SF
Transaction Type:Lease

The office located at 429 Santa Monica Blvd in Santa Monica, comprising 12,388 square feet, was leased in a recent transaction. Knotel signed the lease as the tenant, while Tala acted as the landlord. The tenant was represented by Ray Howden of Cushman & Wakefield, and the landlord was represented by Robert (Bobby) Cavaiola and Shay Bolton, both of Savills.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 429 Santa Monica Blvd, Santa Monica
  • Market: Santa Monica
  • Tenant's Rep: Ray Howden (Cushman & Wakefield)
  • Landlord's Reps: Robert (Bobby) Cavaiola (Savills), Shay Bolton (Savills)
  • Tenant: Knotel
  • Landlord: Tala
  • Square Feet: 12,388

The collaboration between Knotel, Tala, and their respective representatives resulted in the successful leasing of the office space at 429 Santa Monica Blvd. This transaction highlights the importance of knowledgeable real estate professionals, such as Ray Howden from Cushman & Wakefield and Robert (Bobby) Cavaiola and Shay Bolton from Savills, in facilitating agreements between tenants and landlords in the vibrant market of Santa Monica.

Players

Shay Bolton
6 deals$10.3M volume(212) 588-3469
BROKER

Ray Howden
Cushman & Wakefield
2 deals$112M volume
BROKER


Knotel
BROKERAGE

Knotel
TENANT

Details

LEASED
IMAGE: 429 Santa Monica BLVD, Santa Monica... MARKET: Santa Monica ASSET TYPE: Office TENANT'S REP: Ray Howden(Cushman & Wakefield) LANDLORD'S REP: Robert (Bobby) Cavaiola(Savills), Shay Bolton(Savills) TENANT: Knotel LANDLORD: Tala SQUARE FEET: 12388

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Deal Type
Effective Rent (Annual)

$710,072.68

Total Lease Value

$7,100,726.85

Net Landlord Cash Flow$710,072.68