Lucid Group USA Inc. Leases 30,000 SF At 1800 South Figueroa Street For $30/ft

The lease transaction involves an asset located at 1800 South Figueroa Street in the Los Angeles market. The property type is categorized as "Other." The landlord for this transaction is The Shammas Group, while Lucid Group USA, Inc. is the tenant. The asking rent was set at $30 per square foot for a total area of 30,000 square feet. The lease type agreed upon is a NNN Lease.

Summary of transaction details:

• Property Type: Other
• Transaction Amount: $30/ft
• Square Footage: 30,000
• Address: 1800 South Figueroa Street
• Market: Los Angeles
• Landlord: The Shammas Group
• Tenant: Lucid Group USA, Inc.
• Landlord's Rep: Justin Weiss & Caleb Hodge - KWP Real Estate

This transaction highlights the roles of key representatives in the deal. Justin Weiss and Caleb Hodge, from KWP Real Estate, represented the landlord, The Shammas Group, in this lease negotiation with Lucid Group USA, Inc.