CBRE Represents Carmel Partners In 50,000 SF Retail Lease In Los Angeles
LEASED
California
See Similar DealsRetail50,000 SF
Leased 08/01/2019
LEASED
CBRE Represents Carmel Partners In 50,000 SF Retail Lease In Los Angeles
3321 La Cienega BLVD, Los Angeles...
See Similar DealsRetail50,000 SF
Leased 08/01/2019
Summary
CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease
Located at 3321 La Cienega BLVD, Los Angeles, the retail property spans 50,000 square feet. The landlord, Carmel Partners, facilitated a lease transaction for this asset on August 1, 2019. The property is situated in the bustling market of Los Angeles, making it a prime location for retail operations.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not mentioned
- Landlord's Representative: Timothy L. Bower (CBRE), Zachary Card (CBRE)
The deal was successfully brokered with the assistance of Timothy L. Bower and Zachary Card from CBRE, representing the landlord, Carmel Partners. Their expertise and negotiation skills played a crucial role in finalizing this lease agreement for the retail property.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,865,969.83
Total Lease Value
$28,659,698.28
Net Landlord Cash Flow$2,865,969.83
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