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Beatport Leases 5600 Square Feet Office In Downtown LA's Arts District From 909 S Santa Fe Ave LLC

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LEASED

California

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Office5,600 SF
Leased 11/05/2024
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LEASED

Beatport Leases 5600 Square Feet Office In Downtown LA's Arts District From 909 S Santa Fe Ave LLC

909 South Santa Fe Avenue

See Similar Deals
Office5,600 SF
Leased 11/05/2024
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:5,600 SF
Transaction Type:Lease

The property located at 909 South Santa Fe Avenue in Los Angeles features an office space of 5,600 square feet. Built in 1917, the property showcases a bow truss ceiling and exposed brick elements, contributing to its architectural character. The lease was finalized for the online music streaming company Beatport, which has taken over the space formerly utilized by a design agency. This location is situated between Soho Warehouse and Warner Music Group, emphasizing its strategic position in Downtown LA’s Arts District.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 909 South Santa Fe Avenue
  • Market: Los Angeles
  • Landlord: 909 S Santa Fe Ave LLC
  • Tenant: Beatport
  • Brokers: Caleb Hodge & Jack Nathan - Kennedy Wilson

Kennedy Wilson Brokerage successfully facilitated the lease for Beatport, marking a significant deal in the vibrant Arts District. The transaction highlights the area's growing appeal to creative and tech-oriented tenants, strengthening the neighborhood's reputation as a hub for innovative businesses.

Players

Caleb Hodge
3 deals$70.6M volume(310) 887-6413
BROKER

Jack Nathan
Kennedy Wilson
5 deals$19.4M volume(310) 887-6212
BROKER

Kennedy Wilson
LENDER

Details

LEASED
IMAGE: Caleb Hodge & Jack Nathan DATE: 11/05/2024 ADDRESS: 909 South Santa Fe Avenue MARKET: Los Angeles ASSET TYPE: Office ~ SF: 5,600 LANDLORD: 909 S Santa Fe Ave LLC TENANT: Beatport BROKERS: Caleb Hodge (@Calebfree) & Jack Nathan (@JPNathan) - Kennedy Wilson NOTE: Kennedy Wilson Brokerage completed a 5,600-square-foot lease at 909 S. Santa Fe Ave. in Downtown LA’s Arts District for online music streamer Beatport, taking over a high-design space formerly used by a design agency. The property, built in 1917 and featuring a bow truss ceiling and exposed brick, is located between Soho Warehouse and Warner Music Group, highlighting the Arts District's appeal to creative and tech tenants.

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Deal Type
Effective Rent (Annual)

$320,988.62

Total Lease Value

$3,209,886.21

Net Landlord Cash Flow$320,988.62