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JLL Represents UPS In 521,816 SF Retail Lease In Los Angeles

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LEASED

California

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Retail521,816 SF
Leased 10/04/2016
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LEASED

JLL Represents UPS In 521,816 SF Retail Lease In Los Angeles

13633 S Central Ave, Los Angeles, CA...

See Similar Deals
Retail521,816 SF
Leased 10/04/2016
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:521,816 SF
Transaction Type:Lease

The property involved in this transaction is a retail asset located at 13633 S Central Ave, Los Angeles, CA. The lease spans a substantial 521,816 square feet in the Los Angeles market. UPS has secured a long-term commitment with a lease duration of 10 years.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 13633 S Central Ave, Los Angeles, CA
  • Square Feet: 521,816
  • Landlord's Representative: Ray Friedman-Elkins Kalt
  • Tenant's Representatives: Mike Fowler-JLL, Tim O'Rourke-JLL
  • Tenant: UPS
  • Date of Lease: 10/04/2016

This lease transaction highlights the involvement of key representatives in the deal, including Ray Friedman from Elkins Kalt representing the landlord, and Mike Fowler and Tim O'Rourke from JLL representing the tenant, UPS. The negotiation reflects the growing demand for logistics space in the region.

Players

Mike Fowler
2 deals(213) 239-6235
BROKER


Tim O'Rourke
JLL
2 deals$223M volume(213) 239-6231
BROKER

TENANT

Details

LEASED
IMAGE: 10/04/2016 ADDRESS: 13633 S Central Ave, Los Angeles, CA... MARKET: Los Angeles ASSET TYPE: Retail TENANT'S REP: Mike Fowler-JLL, Tim O'Rourke-JLL LANDLORD'S REP: Ray Friedman-Elkins Kalt TENANT: UPS Tenant SQUARE FEET: 521816

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Deal Type
Effective Rent (Annual)

$29,910,178.23

Total Lease Value

$299,101,782.34

Net Landlord Cash Flow$29,910,178.23