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777 S Figueroa St, Los Ange...

Chandler Larsen And Jonathan Larsen Of Avison Young Represent Tenant In Lease At 777 S Figueroa St
LEASEDOffice

Chandler Larsen And Jonathan Larsen Of Avison Young Represent Tenant In Lease At 777 S Figueroa St

777 S Figueroa St, Los Angeles, CA, 9...

Building Size

11,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved is located at 777 S Figueroa St, Los Angeles, CA. It comprises a total area of 11,000 square feet and is situated in the Los Angeles market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 777 S Figueroa St, Los Angeles, CA
  • Market: Los Angeles
  • Tenant's Representative: Chandler Larsen, Jonathan Larsen - Avison Young
  • Landlord: Brookfield Properties
  • Square Feet: 11,000

The negotiation was represented by Chandler Larsen and Jonathan Larsen of Avison Young, who acted as the tenant's representatives in this transaction. The landlord in this agreement is Brookfield Properties, managing the lease for the aforementioned property.

Players

Chandler Larsen

Avison Young

Broker

1 deal

Broker
Brookfield Properties
Brookfield PropertiesBrokerage

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