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8200 Wilshire Boulevard

The Marshell Group Signs 10-Year Lease For Office At 8200 Wilshire Boulevard In Beverly Hills
LEASEDOffice

The Marshell Group Signs 10-Year Lease For Office At 8200 Wilshire Boulevard In Beverly Hills

8200 Wilshire Boulevard

Building Size

18,380 SF

Asset Type

Office

Closing

Apr 8, 2025

AI

The asset located at 8200 Wilshire Boulevard in Beverly Hills is an office space totaling 18,380 square feet. The property is set to undergo renovations on the second and third floors, aligning with the luxury and functionality standards required by the tenant.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Lease Term: 10-year
  • Tenant: Rashard Marshell - The Marshell Group
  • Landlord's Representative: Sep Melamed - Prime Properties
  • Tenant's Representatives: Ivan K. Hopkins & Mark O’Brien - NAI Capital Commercial

Rashard Marshell, representing The Marshell Group, has secured a flagship location through a lease agreement. The transaction was facilitated by brokers Ivan K. Hopkins and Mark O’Brien from NAI Capital Commercial, with the landlord's interests represented by Sep Melamed of Prime Properties.

Players

Ivan K. Hopkins

NAI Capital Commercial

Broker

1 deal

Broker
Sep Melamed

Sep Melamed

Landlord

$3M

vol

2 deals

Landlord

Beverly Hills 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