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729 Seward Street

David Simon Of BARDAS Investment Group Leases Office Space To Fashion At 729 Seward Street
LEASEDOffice

David Simon Of BARDAS Investment Group Leases Office Space To Fashion At 729 Seward Street

729 Seward Street & 733 Seward Street

$5

$5/SF

Building Size

25,000 SF

Asset Type

Office

Closing

Dec 1, 2025

AI

The asset involved in this lease transaction is located at 729 Seward Street & 733 Seward Street in Hollywood, Los Angeles. This office space spans a total of 25,000 square feet with an asking rent of $5.50 per square foot. The lease term is set for 7 years, under a NNN lease structure.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $137,500
  • Landlord: David Simon - BARDAS Investment Group
  • Tenant: Fashion
  • Landlord's Representative: Nicole Mihalka - CBRE

This transaction features key players in the real estate market with David Simon representing the landlord, BARDAS Investment Group, and Nicole Mihalka acting as the representative for the landlord through her agency, CBRE.

Players

Nicole Mihalka

CBRE

Broker

$29.6M

vol

11 deals

Broker
CBRE
CBREBrokerage

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

3172600.00%

Cash-on-Cash

-906738.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93