Kai MIng Leases Office Space In San Francisco's 934 Howard Street With Marc Trovato & Joe Harney Representing
934 Howard St, San Francisco, CA 94103
$28
$28/SF
Building Size
10,998 SF
Asset Type
Office
Closing
Jun 1, 2023
AI
Located at 934 Howard Street in San Francisco, this office property was recently leased to Kai Ming. The lease term is for 10 years with an asking rent of $28 per square foot. The total square footage of the space is 10,998.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Tenant: Kai Ming
- Landlord's Representative: Joe Harney - Reliance Real Estate Advisors
- Tenant's Representative: Marc Trovato - Kidder Mathews
Marc Trovato from Kidder Mathews and Joe Harney from Reliance Real Estate Advisors played key roles in representing the tenant and landlord, respectively, during the lease transaction.
Players
Los Angeles 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
566535.71%
Cash-on-Cash
-161917.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93