Dotmo Leases Office Space At The Platform Culver City For $6.50/ft With Devin Klein Representing Tenant

The property involved in this transaction is an office located at The Platform, specifically at 8820 Washington Boulevard in Culver City. The asset has a total square footage of 10,200 and the asking rent is set at $6.50 per foot. The lease term is structured for 5 years under an NNN lease type.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $66,300
• Address: The Platform - 8820 Washington Boulevard
• Market: Culver City
• Landlord: Runyon Group - Joseph Miller & David Fishbein
• Tenant: Dotmo
• Tenant's Representative: Devin Klein
• Lease Term: 5 years
• Lease Type: NNN Lease
• Asking Rent: $6.50/ft

The transaction involves key individuals such as Joseph Miller and David Fishbein representing Runyon Group as landlords, while Devin Klein represents the tenant, Dotmo. Dotmo is an entity that has recently been established as an offshoot from Snapchat, focusing on developing AI models aimed at creating interactive gaming experiences. The initial team for Dotmo will consist of former Snapchat staff transitioning to launch this new venture alongside Bobby Murphy.