facebook

traded

+ Submit
Home

/

Deals

/

California

/

Office

/

Lease

/

445 South Figueroa Street

Hathaway Dinwiddie Construction Co. Leases 18,000 Square Feet At 445 South Figueroa Street
LEASEDOffice

Hathaway Dinwiddie Construction Co. Leases 18,000 Square Feet At 445 South Figueroa Street

445 South Figueroa Street

Building Size

18,000 SF

Asset Type

Office

Closing

Mar 27, 2026

AI

The property asset involved in this transaction is an 18,000-square-foot office space located at 445 South Figueroa Street, in the market of Los Angeles. This transaction is a lease agreement for the full 16th floor at Union Bank Plaza.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Tenant: Hathaway Dinwiddie Construction Co.
  • Landlord's Representative: John Zanetos & Chris Penrose Jr - CBRE
  • Tenant's Representative: David Kluth & Mai Hu - Newmark

The lease agreement follows another recent transaction at the property, where a 108,000-square-foot deal was executed. Newmark played a role in representing the tenant, while CBRE represented the landlord in this transaction.

Players

David Kluth

Newmark

Broker

$70.7M

vol

7 deals

Broker
Hathaway Dinwiddie Construction Co.
Hathaway Dinwiddie Construction Co.Tenant

Los Angeles Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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