Transaction Details
Leased
Signalized Corner
25,000 Square Foot Land
Fortune 500 Tenant
10 Year Lease Extension
Triple Net Ground Lease
Zero Landlord Responsibilities
We were hired by the Owner of a prime commercial corner in the San Fernando Valley to negotiate a lease renewal with their existing tenant. Through Jon Paley’s efforts, all maintenance of the property shifted from the Landlord to the Tenant and the rent was substantially increased which provided the property owner with much needed additional retirement income.