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433 S Spring St, Los Angele...

KTGY Architecture & Planning Leases 15730 Square Feet From Lionstone Investments In Los Angeles
LEASEDRetail

KTGY Architecture & Planning Leases 15730 Square Feet From Lionstone Investments In Los Angeles

433 S Spring St, Los Angeles, CA, 90013

Building Size

15,730 SF

Asset Type

Retail

Closing

Apr 14, 2021

AI

The property involved in this transaction is located at 433 S Spring St, Los Angeles, CA, 90013, in the Los Angeles market. It comprises a total of 15,730 square feet. The transaction involves KTGY Architecture & Planning as the tenant and Lionstone Investments as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 433 S Spring St, Los Angeles, CA, 90013
  • Square Feet: 15,730
  • Market: Los Angeles
  • Tenant: KTGY Architecture & Planning
  • Landlord: Lionstone Investments
  • Tenant's Rep: Gary McArdell-Lee & Associates
  • Landlord's Rep: Kelli Snyder-CBRE

In this deal, Gary McArdell-Lee & Associates represented the tenant, KTGY Architecture & Planning, while CBRE's Kelli Snyder represented the landlord, Lionstone Investments, highlighting the roles of these brokerage firms in facilitating the transaction.

Players

Kelli Snyder

CBRE

Broker

$92.9M

vol

4 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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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