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
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