Updated Apr 1, 2026
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
About this deal
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.
On the Map
Office
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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