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8687 Melrose Ave, West Holl...

Updated Oct 29, 2024

LEASEDOffice

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

Matthew Breliant

Breliant Realty

Broker

1 deal

Broker
Charles Cohen

Charles Cohen

Cohen Brothers Realty

Landlord

$1.1B

vol

23 deals

Landlord

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

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