Gunderson Dettmer Leases 24567 Square Feet At 635 Mateo St Los Angeles From Mateo Street Properties
635 Mateo St, Los Angeles, CA, 90021
Building Size
24,567 SF
Asset Type
Office
Closing
Jul 25, 2022
AI
The property involved in this transaction is located at 635 Mateo St, Los Angeles, CA, 90021, within the Los Angeles market. This leased asset encompasses 24,567 square feet and is part of Mateo Street Properties' portfolio.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 635 Mateo St, Los Angeles, CA, 90021
- Market: Los Angeles
- Landlord: Mateo Street Properties
- Tenant: Gunderson Dettmer
- Landlord's Representative: Caitlyn Ross, Dana Vargas - JLL
Caitlyn Ross and Dana Vargas represented Mateo Street Properties in this lease transaction, facilitating the agreement with Gunderson Dettmer as the tenant. Their roles were crucial in ensuring the successful negotiation and finalization of the lease terms for the property.
Players
Los Angeles 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