Bank Of Hope Signs 50000 Square Foot Lease At Aon Center From Carolwood LP In Los Angeles
707 Wilshire Boulevard
Building Size
50,000 SF
Asset Type
Office
Closing
Mar 18, 2026
AI
The property asset involved in the context is located at 707 Wilshire Boulevard, Los Angeles, comprising an office space of approximately 50,000 square feet. This transaction represents a notable lease agreement in the Los Angeles market.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Date: 03/18/2026
- Landlord: Daniel Abrams, Andrew Shanfeld & Adam Rubin - Carolwood LP
- Tenant: Bank of Hope
- Landlord's Representative: Matthew Heyn & Ian Gilbert - Colliers
- Tenant's Representative: Hayden Eaves - Avison Young
This lease marks the relocation of Bank of Hope's headquarters from 3200 Wilshire Blvd in Los Angeles. The agreement was facilitated by Colliers, representing the landlord, while Hayden Eaves represented Bank of Hope in this transaction.
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