Coretrust Capital Partners Leases 3600 Square Feet At 444 Flower St In Los Angeles
444 Flower St, Los Angeles, CA, 90071
Building Size
3,600 SF
Asset Type
Office
Closing
May 9, 2022
AI
A lease transaction has occurred for a space located at 444 Flower St, Los Angeles, CA, 90071. The property encompasses a total of 3,600 square feet within the Los Angeles market. The landlord for this transaction is Coretrust Capital Partners.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 444 Flower St, Los Angeles, CA, 90071
- Square Feet: 3,600
- Landlord: Coretrust Capital Partners
- Tenant's Representatives: Craig Miller, Jeff Lipson
The individuals involved in the deal include tenant representatives Craig Miller and Jeff Lipson, who facilitated the leasing transaction for the tenant. Coretrust Capital Partners represented the landlord in this agreement.
Players
Los Angeles 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