Weedmaps is coming to the Arts District.
Ghost Administration Group, an Irvine-based expertise agency that runs the web site weedmaps.com and affords expertise companies to a number of cannabis manufacturers, has signed a 115,000 sq. foot workplace lease on the ROW DTLA at 767 Alameda St. within the Arts District. The lease is for the highest three flooring of the constructing.
The worth of the lease was not disclosed. Common asking hire for downtown in the course of the first quarter of the 12 months was $3.75 a sq. foot, which might put the worth of the lease at greater than $5 million a 12 months.
CBRE Group Inc.’s Chris Penrose, Jeffrey Pion and Michelle Esquivel represented the owner within the transaction. Newmark Knight Frank’s Ryan Harding and Mark Gardner represented the tenant.
Revealed: June 20, 2019
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