Kobi Ben Leases 12,000 Square Feet Industrial Space To Carlos Zeller In Hollywood At $25/ft
2850 Greene Street
$25
$25/SF
Building Size
12,000 SF
Asset Type
Industrial
Closing
Jul 7, 2026
AI
The property asset involved in this transaction is located at 2850 Greene Street in the Hollywood market. This industrial space features a total square footage of 12,000 and operates under a Single Net Lease. The asking rent is set at $25 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $25/ft
- Square Footage: 12,000
- Address: 2850 Greene Street
- Market: Hollywood
- Landlord: Kobi Ben
- Tenant: Carlos Zeller
- Brokers: Larry Genet, Tom O'Loughlin & Michael Oretsky - CBRE
- Lease Type: Single Net Lease
This transaction marks the fourth lease signed by the team within approximately 15 years for this project, indicating a strong relationship with the building and its history. The brokers involved, Larry Genet, Tom O'Loughlin, and Michael Oretsky, have expressed their appreciation for repeat clients and highlighted their familiarity with the 29th Ave Corridor in Hollywood.
Players
Hollywood Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93