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West Monroe Tenants Kevin McCarty Gil Mermelstein Jordan Sternlieb Brian Paulen Lease Office At 700 South Flower Street
LEASED
California
See Similar DealsOffice25,000 SF
Leased 03/28/2025
LEASED
West Monroe Tenants Kevin McCarty Gil Mermelstein Jordan Sternlieb Brian Paulen Lease Office At 700 South Flower Street
700 South Flower Street
See Similar DealsOffice25,000 SF
Leased 03/28/2025
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:25,000 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 700 South Flower Street in Los Angeles. The total square footage of the space is 25,000.0.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 03/28/2025
- Tenant: Kevin McCarty, Gil Mermelstein, Jordan Sternlieb & Brian Paulen - West Monroe
- Landlord: Jeffrey Kanne - National Real Estate Investors; Robert G. Byron & Peter Stelian - Blue Vista
This transaction reflects the involvement of West Monroe as tenants, who are represented by the named individuals, while the landlord representation includes multiple entities from National Real Estate Investors and Blue Vista, indicating a collaborative approach in leasing this office space.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,432,984.91
Total Lease Value
$14,329,849.14
Net Landlord Cash Flow$1,432,984.91
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