Decron Properties Leases Wilshire Boulevard Office Space To Federative Republic Of Brazil And Hanger Clinic

Decron Properties in Los Angeles has leased space at its Wilshire Boulevard office building to the Federative Republic of Brazil for a 10.5-year term, occupying the penthouse, and to Hanger Clinic for eight years. The property, located at 6222 Wilshire Boulevard, has a total square footage of 20,000 and is now 92 percent leased. The market for this transaction was Los Angeles.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not available
• Address: 6222 Wilshire Boulevard
• Market: Los Angeles
• Landlord: Decron Properties
• Tenant: Federative Republic of Brazil; Hanger Clinic
• Landlord's Representative: JLL
• Tenant's Representatives: CBRE & Cushman & Wakefield
• Lease Term: 10.5 years for the Federative Republic of Brazil, and 8 years for Hanger Clinic

The leasing deal at 6222 Wilshire Boulevard involved several key individuals and companies. Decron Properties, represented by David Nagel, acted as the landlord. The tenant, Federative Republic of Brazil, was represented by CBRE and Cushman & Wakefield. JLL served as the landlord's representative in the transaction.