Updated Nov 21, 2025
DivcoWest Renews Long-Term Lease With United Talent Agency At UTA Plaza In Beverly Hills
9346 Civic Center Drive
Building Size
192,000 SF
Asset Type
Office
Closing
Nov 19, 2025
About this deal
AI
The property involved in this transaction is a 192,000-square-foot office asset located at 9336-9346 Civic Center Drive in Beverly Hills. The office campus, known as UTA Plaza, consists of two buildings and is situated in a prominent market area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 9336-9346 Civic Center Drive
- Market: Beverly Hills
- Landlord: Stuart Shiff - DivcoWest
- Tenant: David Kramer - United Talent Agency
- Lease Term: Long-term
Stuart Shiff of DivcoWest represents the landlord in this transaction, while David Kramer of United Talent Agency represents the tenant. United Talent Agency has been the sole tenant of the campus since 2011 and will continue to house its operations across various divisions including film, TV, music, sports, and creator sectors.
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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