The property asset involved in the transaction is located at 555 Mateo Street in Los Angeles, featuring an office space of 38,628 square feet. This lease agreement involved a long-term arrangement for the tenant and has contributed to an expansion of the tenant's footprint within the Arts District.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 555 Mateo Street
• Market: Los Angeles
• Landlord: Robert Bellinger - ASB Real Estate Investments
• Tenant: Daniel Winer - HexClad Cookware
• Broker Representatives: Nathan Pellow, Nick Nybakken, Scott Heaton, Connor McRae & Scott Stone - Colliers

HexClad Cookware signed a long-term sublease for 28,860 square feet of office space and additionally secured a nearby warehouse spanning 9,768 square feet. The company's choice to occupy this fully leased creative campus, which also houses Spotify and USC Roski, was influenced by its rapid growth and support from Fox Studios and Gordon Ramsay.