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6300 Wilshire Boulevard

West Los Angeles Office Building At 6300 Wilshire Boulevard Signs 17 New Leases And Renewals
LEASEDOffice

West Los Angeles Office Building At 6300 Wilshire Boulevard Signs 17 New Leases And Renewals

6300 Wilshire Boulevard

Building Size

79,000 SF

Asset Type

Office

Closing

Jul 24, 2023

AI

A recently renovated office building located at 6300 Wilshire Boulevard in West Los Angeles has seen a significant boost in leasing activity. The building, spanning 79,000 square feet, has attracted eleven new tenants and secured lease renewals with six existing tenants. This surge in leasing activity indicates a positive trend in the office leasing market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 79,000
  • Address: 6300 Wilshire Boulevard
  • Market: Los Angeles

The landlord, The Swig Company, represented by Cory Kristoff and Intercontinental Real Estate Corporation, has successfully attracted a diverse range of tenants to occupy the office space at 6300 Wilshire. The new tenants include Alias Intelligence, Creative Circle, EF Collection, Paul Herzog, KM Artist Agency, E&L, LLP, Astar Home Capital, SPZ Advisors, Movagar & Yamin, Brandman Agency, Consumer 2.0, Arba Group, Western Avenue, MCR Publicity & Marketing, Fagen, Friedman & Fulfrost, LLP, IW Group, and Fate Foods. These companies from various sectors contribute to the vibrant tenant mix within the building.

This surge in leasing activity and the addition of new tenants, along with the renewals of existing ones, showcase the appeal and desirability of the recently renovated office building at 6300 Wilshire Boulevard. The successful lease signings indicate a thriving office leasing market in West Los Angeles.

Players

IC
Intercontinental Real Estate CorporationLandlord
AG
Arba GroupTenant

Los Angeles Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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