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California Bank & Trust Leases 28603 SF Office At 707 Wilshire Boulevard In Los Angeles

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LEASED
Ian Gilbert
Matthew Heyn
Adam Seltzer

California

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Office28,603 SF
Leased 11/15/2024
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LEASED

California Bank & Trust Leases 28603 SF Office At 707 Wilshire Boulevard In Los Angeles

707 Wilshire Boulevard

See Similar Deals
Office28,603 SF
Leased 11/15/2024
Ian Gilbert
Matthew Heyn
Adam Seltzer
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:28,603 SF
Transaction Type:Lease

California Bank & Trust has leased 28,603 square feet of office space at 707 Wilshire Boulevard, also known as the AON Center, located in Downtown Los Angeles. This lease marks the bank's new headquarters in Los Angeles.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 707 Wilshire Boulevard
  • Market: Los Angeles
  • Landlord: Adam Rubin - Carolwood LP
  • Tenant: Mike Gouletas - California Bank & Trust
  • Landlord's Representative: Ian Gilbert & Matthew Heyn - Colliers
  • Tenant's Representative: Adam Seltzer - CBRE

In this transaction, Ian Gilbert and Matthew Heyn from Colliers represented the landlord, Carolwood LP, while Adam Seltzer and Mike Gouletas from CBRE acted on behalf of the tenant, California Bank & Trust.

Players

Ian Gilbert
Colliers
Ian Gilbert
4 deals(310) 622-1902
BROKER
Matthew Heyn
Colliers
Matthew Heyn
5 deals$45M volume(818) 334-1860
BROKER
Adam Seltzer
CBRE
Adam Seltzer
1 deal(310) 795-6264
BROKER

Details

LEASED
IMAGE: Adam Rubin, Mike Gouletas, Ian Gilbert, Matthew Heyn & Adam Seltzer DATE: 11/15/2024 ADDRESS: 707 Wilshire Boulevard MARKET: Los Angeles ASSET TYPE: Office ~ SF: 28,603 LANDLORD: Adam Rubin (@AdamjRubin) - Carolwood LP TENANT: Mike Gouletas - California Bank & Trust (@CalBankTrust) LANDLORD'S REP: Ian Gilbert & Matthew Heyn - Colliers (@ColliersInternational) TENANT'S REP: Adam Seltzer - CBRE (@CBRE) NOTE: California Bank & Trust has leased 28,603 SF at the AON Center at 707 Wilshire Blvd. in Downtown Los Angeles, marking its new LA headquarters. Colliers' Matthew Heyn and Ian M. Gilbert represented landlord Carolwood LP, while CBRE's Adam Seltzer and Mike Gouletas represented the tenant in the transaction.

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Deal Type
Effective Rent (Annual)

$1,639,506.70

Total Lease Value

$16,395,067.00

Net Landlord Cash Flow$1,639,506.70