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
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