Updated Oct 29, 2024
NVE Leases 13000 SF Office Space At 8687 Melrose Ave, West Hollywood
8687 Melrose Ave, West Hollywood, C...
Building Size
13,000 SF
Asset Type
Office
Closing
Jan 25, 2019
About this deal
AI
The Office property located at 8687 Melrose Ave, West Hollywood, CA, has been leased in a transaction dated January 25, 2019. The space spans 13,000 square feet in the West Hollywood market. The Tenant, NVE, was represented by Matthew Breliant from Breliant Realty, while the Landlord was Charles S. Cohen.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant's Representative: Matthew Breliant (Breliant Realty)
- Tenant: NVE
- Landlord: Charles S. Cohen
- Address: 8687 Melrose Ave, West Hollywood, CA
- Market: West Hollywood
- Square Feet: 13,000
The involvement of Matthew Breliant from Breliant Realty as the Tenant's representative highlights the key individuals facilitating this leasing transaction. Charles S. Cohen, as the Landlord, further underlines the significance of this deal within the West Hollywood market, showcasing the collaborative efforts of the parties involved in securing the lease of the 13,000 square feet office space.
Players
West Hollywood 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