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707 Wilshire Boulevard

Bank Of Hope Signs 50000 Square Foot Lease At Aon Center From Carolwood LP In Los Angeles
LEASEDOffice

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:

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

Hayden Eaves

Avison Young

Broker

1 deal

Broker
Adam Rubin

Adam Rubin

Carolwood LP

Landlord

$647.6M

vol

10 deals

Landlord
Bank of Hope
Bank of HopeTenant

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