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Media Rights Capital Leases Office Space From Cohen Brothers Realty At 750 North San Vicente Boulevard

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LEASED
$6

California

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Office28,000 SF
Leased 09/26/2024
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Property Image
LEASED

Media Rights Capital Leases Office Space From Cohen Brothers Realty At 750 North San Vicente Boulevard

750 North San Vicente Boulevard

See Similar Deals
Office28,000 SF
Leased 09/26/2024
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$6
Total Square Footage:28,000 SF
Transaction Type:Lease

The property asset involved in this transaction is an office located at 750 North San Vicente Boulevard in West Hollywood. The asset spans 28,000 square feet, and the landlord, Cohen Brothers Realty, has leased it to Media Rights Capital. The asking rent for this property is set at $6 per square foot under a 10-year full-service gross lease agreement.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 750 North San Vicente Boulevard
  • Market: West Hollywood
  • Landlord: Cohen Brothers Realty
  • Tenant: Media Rights Capital
  • Asking Rent: $6/ft
  • Lease Term: 10 years
  • Lease Type: Full Service Gross
  • Brokers: Blake Mirkin & Kyle Widener - CBRE

Key individuals involved in the deal include brokers Blake Mirkin and Kyle Widener, who represented the tenancy of Media Rights Capital. Their representation plays a critical role in facilitating the lease agreement between the landlord and tenant, contributing to the successful closure of this transaction.

Players

Blake Mirkin
11 deals$37.2M volume(310) 717-6987
BROKER

Kyle Widener
CBRE
8 deals$32.5M volume(310) 550-2620
BROKER

Details

LEASED
IMAGE: Blake Mirkin & Kyle Widener DATE: 09/26/2024 ADDRESS: 750 North San Vicente Boulevard MARKET: West Hollywood ASSET TYPE: Office LANDLORD: Cohen Brothers Realty TENANT: Media Rights Capital BROKERS: Blake Mirkin & Kyle Widener (@KyleWidener) - CBRE (@CBRE) ASKING RENT: $6/ft ~ SF: 28,000 LEASE TERM: 10 year deal LEASE TYPE: Full Service Gross

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Deal Type
Effective Rent (Annual)

$208,642.60

Total Lease Value

$2,086,426.03

Net Landlord Cash Flow$208,642.60