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Kith Signs 15-Year Lease At...

Kith Signs 15-Year Lease At 8500 Sunset Boulevard, West Hollywood With Brokers Jay Luchs & Carly Geller
LEASED

Kith Signs 15-Year Lease At 8500 Sunset Boulevard, West Hollywood With Brokers Jay Luchs & Carly Geller

Building Size

Asset Type

Closing

May 6, 2026

AI

The property asset involved in this lease transaction is a retail space located at 8500 Sunset Boulevard in West Hollywood. The total square footage of the asset is 17,250, and it features a ground-floor layout suitable for Kith's operations.

Summary of transaction details:

The deal features key individuals such as Ronnie Fieg, who represents Kith in the arrangement, and Alexander Smith and Joey Cohen, who serve as landlords through Regal Ventures. The brokerage services were provided by Jay Luchs and Carly Geller from Newmark, facilitating this significant retail lease agreement.

Players

Carly Geller

Newmark

Broker

10 deals

Broker
Joey Cohen

Joey Cohen

Regal Ventures

Landlord

$148.6M

vol

11 deals

Landlord

Ronnie Fieg

Kith

Tenant

1 deal

Tenant

Market CRE Market Snapshot

Boundary boundary · CRE · 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