A Fresh Take on CRE

LA Weekly Comp Digest: Hobart Linzer Signs New Lease in Downtown LA, BofA Claims 20,000 SF in Pasadena, and More!




Every week we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful. 




Hobart Linzer Signs New Lease at 777 South Figueroa Street

The law firm recently signed for just under 5,400 SF of office space in Downtown Los Angeles.  Hobart will pay $1.88 PSF with 4% escalations for 4 years with 2 months of free rent and TI of $22.50 PSF. Please log in to your CompStak account before clicking on the link: Get the Hobart Linzer comp

 






Pivotal Post Expands in Burbank

A company that specializes in HD, 3D editing solutions and digital lab services for the film and television industry will be expanding to just over 17,000 SF at 2901 West Alameda Avenue.  PP will pay landlord Lionstone Group $2.60 PSF for 10 years with 24 months of free rent. Please log in to your CompStak account before clicking on the link: Get the Pivotal Post comp


 



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Bank of America Signs Lease for 20,000 SF in Pasadena

One of the nation's leading financial institutions recently signed a 5-year office lease at 2 North Lake Avenue.  BofA will pay $2.85 with 3% bumps, and will receive 5 months of free rent with TI's of $15 PSF. Please log in to your CompStak account before clicking on the link: Get the Bank of America comp