facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Lease

/

601 S Figueroa St, Los Ange...

Brookfield Properties Leases 32000 Square Feet To CBRE Global Investors At 601 S Figueroa St
LEASEDOffice

Brookfield Properties Leases 32000 Square Feet To CBRE Global Investors At 601 S Figueroa St

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

Building Size

32,000 SF

Asset Type

Office

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 601 S Figueroa St, Los Angeles, CA. This leased space comprises 32,000 square feet and is situated within the Los Angeles market. The transaction does not specify a monetary value.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 601 S Figueroa St, Los Angeles, CA
  • Market: Los Angeles
  • Square Feet: 32,000
  • Landlord: Brookfield Properties
  • Tenant: CBRE Global Investors
  • Landlord's Representatives: Marin Turney & Ian Gilbert - Brookfield Properties, John Barganski - Brookfield

This transaction highlights the involvement of key representatives from Brookfield Properties in collaboration with CBRE Global Investors, marking an important lease agreement in the region. Marin Turney, Ian Gilbert, and John Barganski played significant roles in this transaction as representatives of the landlord.

Players

Ian Gilbert

Colliers

Broker

4 deals

Broker
CBRE
CBREBrokerage
CBRE
CBRETenant

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