Updated Sep 25, 2026
LEASEDOffice
Wez Bryett & Eirin Bryett Of Princess Polly Sign Lease For 11,500 SF Office In West Hollywood
8687 Melrose Avenue
Building Size
11,500 SF
Asset Type
Office
Closing
Sep 23, 2026
About this deal
AI
The property involved in this transaction is located at 8687 Melrose Avenue in West Hollywood, CA, which consists of an office space totaling 11,500 square feet. The asset is part of the Pacific Design Center’s Red Building, owned by Cohen Brothers Realty.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Terms: Six and a half years
- Landlord: Charles Cohen - Cohen Brothers Realty
- Tenant: Wez Bryett & Eirin Bryett - Princess Polly
On the Map
Office
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Players
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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