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767 South Alameda Street

Ben Hemminger Of Fashionphile Leases 32,330 SF Retail Space From Jeff Goldberger In Los Angeles
LEASEDRetail

Ben Hemminger Of Fashionphile Leases 32,330 SF Retail Space From Jeff Goldberger In Los Angeles

767 South Alameda Street

Building Size

32,330 SF

Asset Type

Retail

Closing

Oct 1, 2025

AI

The property asset involved is a retail space located at 767 South Alameda Street, Los Angeles, comprising a total of 32,330 square feet. This location is being leveraged by Fashionphile as their largest West Coast flagship.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 767 South Alameda Street
  • Market: Los Angeles
  • Landlord: Jeff Goldberger - Atlas Capital
  • Tenant: Ben Hemminger - Fashionphile

Jeff Goldberger represents Atlas Capital in the lease agreement with tenant Ben Hemminger, who is establishing a new concept flagship for Fashionphile. This move will consolidate Fashionphile's operations, replacing their existing distribution across multiple leases.

Players

Jeff Goldberger

Atlas Capital Group

Landlord

$1.1B

vol

10 deals

Landlord
Atlas Capital Group
Atlas Capital GroupLandlord

Ben Hemminger

Fashionphile

Tenant

1 deal

Tenant
Fashionphile
FashionphileTenant

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