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2850 Greene Street

Kobi Ben Leases 12,000 Square Feet Industrial Space To Carlos Zeller In Hollywood At $25/ft
LEASEDIndustrial

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

Larry Genet

CBRE

Broker

$447.5M

vol

59 deals

Broker

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