The property asset involved in this lease is a retail space located at 6400 Sunset Boulevard in Los Angeles. The total square footage of the asset is 55,000. The space is set to accommodate Bathhouse, which signed a lease agreement for a period of 25 years, taking over the site previously occupied by Amoeba Records.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Lease Term: 25 years
• Landlord: Genghis Hadi - Nahla Capital; Cliff Goldstein, Drew Planting & Lee Wagman - GPI Companies
• Tenant: Bathhouse
• Brokers: Greg Briest, Houman Mahboubi & Marisa Renfro - CBRE
• Market: Los Angeles

This transaction features key players such as Genghis Hadi representing Nahla Capital, along with Cliff Goldstein, Drew Planting, and Lee Wagman from GPI Companies. The brokers involved are Greg Briest, Houman Mahboubi, and Marisa Renfro from CBRE. The property will undergo retrofitting for spa and retail operations to support the lifestyle-focused redevelopment within the Sunset Boulevard submarket. Bathhouse plans to open its first West Coast flagship wellness location in 2028.