Current Capital Management Expands Lease At Presidential Tower In Hollywood For 8763 SF

The property involved in this transaction is located at 4000 Hollywood Boulevard in Hollywood, classified as an office asset. The total leased space is 8,763 square feet, with an asking rent of $42 per square foot. The lease is structured as a NNN Lease and has a duration of 6 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $42/ft
• Lease Term: 6 years
• Lease Type: NNN Lease
• Landlord: Eric Levy
• Tenant: Current Capital Management
• Broker: Todd Nepola - Current Capital Group

Current Capital Management has renewed and expanded its lease by an additional 2,578 square feet. The total office space now encompasses 8,763 square feet in Presidential Tower, Hollywood. Todd Nepola represents Current Capital Management in this lease transaction, highlighting the company's growth and plans for adding new talent while pursuing more property acquisitions.