Updated Aug 24, 2026
Daniel E. Allen Of Los Angeles Capital Management Leases 23,000 Square Feet From Donald Bren
11100-11150 Santa Monica Boulevard
Building Size
23,000 SF
Asset Type
Office
Closing
Aug 21, 2026
About this deal
AI
The property involved in this transaction is an office space located at 11100-11150 Santa Monica Boulevard, encompassing a total square footage of 23,000. It is situated within the Los Angeles, CA market, contributing to the ongoing demand for office space in the area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 23,000
- Address: 11100-11150 Santa Monica Boulevard
- Market: Los Angeles, CA
- Landlord: Donald Bren - Irvine Company
- Tenant: Daniel E. Allen - Los Angeles Capital Management
This lease transaction marks a significant development as Los Angeles Capital Management has secured the office space from Irvine Company’s Westwood Gateway, reflecting the sustained interest in leasing office space from financial services firms within the Los Angeles market.
Players
Santa Monica 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93