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Preferred Bank Leases 37000 Square Feet At 601 S Figueroa St Los Angeles From Brookfield Properties

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LEASED

California

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Office37,000 SF
Leased 05/24/2018
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Property Image
LEASED

Preferred Bank Leases 37000 Square Feet At 601 S Figueroa St Los Angeles From Brookfield Properties

601 S Figueroa St, Los Angeles, CA, 9...

See Similar Deals
Office37,000 SF
Leased 05/24/2018
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:37,000 SF
Transaction Type:Lease

The property involved in this transaction is located at 601 S Figueroa St, Los Angeles, CA, encompassing a total area of 37,000 square feet. The market for this lease transaction is Los Angeles. The landlord for this property is Brookfield Properties, with Preferred Bank acting as the tenant.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 601 S Figueroa St, Los Angeles, CA
  • Square Feet: 37000
  • Market: Los Angeles
  • Tenant: Preferred Bank
  • Landlord: Brookfield Properties
  • Tenant's Representative: James Travers - Cresa Los Angeles

This transaction features key individuals and companies involved, highlighting James Travers from Cresa Los Angeles as the representative for the tenant, Preferred Bank. The landlord, Brookfield Properties, is responsible for the property management and leasing terms associated with this deal.

Players

James Travers
3 deals(213) 430-2441
BROKER

Brookfield Properties
BROKERAGE

Details

LEASED
IMAGE: 601 S Figueroa St, Los Angeles, CA, 9... MARKET: Los Angeles TENANT'S REP: James Travers - Cresa Los Angeles TENANT: Preferred Bank LANDLORD: Brookfield Properties SQUARE FEET: 37000

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Deal Type
Effective Rent (Annual)

$2,120,817.67

Total Lease Value

$21,208,176.73

Net Landlord Cash Flow$2,120,817.67