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611 North Brand Boulevard

Frank D. Lanterman Regional Center Leases 50836 Sf Office At 611 North Brand Boulevard In Glendale
LEASEDOffice

Frank D. Lanterman Regional Center Leases 50836 Sf Office At 611 North Brand Boulevard In Glendale

611 North Brand Boulevard

Building Size

50,836 SF

Asset Type

Office

Closing

Aug 4, 2025

AI

The property asset is located at 611 North Brand Boulevard in Glendale, comprising a total of 50,836 square feet. The office space is part of a significant lease transaction in the market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 611 North Brand Boulevard
  • Market: Glendale
  • Landlord: Innocenzo De Cotiis - Onni Group
  • Tenant: Frank D. Lanterman Regional Center
  • Landlord's Representative: Linda Lee, Bill Boyd & Scott Unger - Kidder Mathews
  • Tenant's Representative: Dennis Smith - Cresa
  • Lease Term: 10 years

The lease signed by Frank D. Lanterman Regional Center represents a strategic move for the nonprofit, which will be relocating from Mid-Wilshire. This consolidation will allow the organization to operate from the 396,000-square-foot tower where WeWork is also a tenant.

Players

William Boyd

Kidder Mathews

Broker

$43.1M

vol

4 deals

Broker
Cresa
CresaBrokerage
Innocenzo De Cotiis

Innocenzo De Cotiis

Onni Group

Landlord

$493M

vol

6 deals

Landlord
Onni Group
Onni GroupLandlord

Glendale Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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