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1318 East 7th Street

Updated Oct 8, 2026

Michael Mente & Michael Karanikolas Of Revolve Group Renew 48,356 SF Lease In Los Angeles
LEASEDOffice

Michael Mente & Michael Karanikolas Of Revolve Group Renew 48,356 SF Lease In Los Angeles

1318 East 7th Street

Building Size

48,356 SF

Asset Type

Office

Closing

Oct 6, 2026

About this deal

AI

The property involved in the transaction is located at 1318 East 7th Street in Los Angeles, CA. This asset is classified as an office space, encompassing a total square footage of 48,356. The lease executed by the tenant entails a renewal, thereby continuing the operational presence of Revolve Group in this location.

Summary of transaction details:

The deal features key representatives including Josh Wrobel, Jaclyn Ward, and Cassie Trosclair acting on behalf of the landlord, Atlas Capital Group, while Chris O'Connor represents the tenant, Revolve Group. This lease renewal is notable, ranking among the top ten largest office deals in Los Angeles for the third quarter of 2026, amidst a market where office availability in Downtown LA exceeds 32%.

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Office

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Players

Jaclyn Ward

JLL

Broker

5 deals

Broker
Atlas Capital Group
Atlas Capital GroupLandlord

Michael Mente

Revolve Group

Tenant

1 deal

Tenant
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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

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