{"id":1004754026,"date":"2025-04-15T05:46:20","date_gmt":"2025-04-15T13:46:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004754026"},"modified":"2025-04-15T05:46:22","modified_gmt":"2025-04-15T13:46:22","slug":"cardinal-equities-signs-beverly-hills-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cardinal-equities-signs-beverly-hills-tenant\/","title":{"rendered":"Cardinal Equities Signs Beverly Hills Tenant"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004754027\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cardinal-equities-signs-beverly-hills-tenant\/8200-wilshire-blvd\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"8200 Wilshire Blvd\" data-image-description=\"&lt;p&gt;Photo from J.C. Casillas from NAI Capital Commercial  &lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Photo of 8200 Wilshire Blvd. Image courtesy of NAI Capital Commercial &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png\" alt=\"Exterior Image of the office building at 8200 Wilshire Blvd. \" class=\"wp-image-1004754027\" style=\"width:400px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">The three-story building at 8200 Wilshire Blvd. has floor-to-ceiling windows. <em>Image courtesy of NAI Capital Commercial <\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The Marshell Group has signed an 18,380-square-foot lease at 8200 Wilshire Blvd. in Beverly Hills, Calif. The deal furthers the wellness group&#8217;s Southern California expansion.<\/p>\n\n\n\n<p>The company will occupy the second and third floors of the three-story office building for the next decade and move into the building once the tenant fit-outs are complete.<\/p>\n\n\n\n<p>NAI Capital Commercial&#8217;s Ivan Hopkins and Mark O\u2019Brien represented the tenant, while Prime Properties&#8217; Sep Melamed assisted the landlord. Cardinal Equities owns the property, according to CommercialEdge information.<\/p>\n\n\n\n<p>The creative office building totals 27,565 square feet. Cardinal Equities purchased the 1979-delivered asset for $17.5 million in 2017, CommercialEdge shows. That same year, the owner invested some $1.3 million in property improvements that were completed in 2018.<\/p>\n\n\n\n<p>The low-rise features floor-to-ceiling windows, a rooftop deck with outdoor seating and covered parking. It&#8217;s 2 miles north of the Santa Monica Freeway, with multiple dining and retail options nearby. Downtown Los Angeles is roughly 10 miles away.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-la-office-leasing-activity\">LA office leasing activity<\/h2>\n\n\n\n<p>The Los Angeles office market witnessed a vacancy rate of 16.3 percent as of February, a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/commercialedge-office-report-march-2025\/\">CommercialEdge report<\/a> shows. While 30 basis points higher over the year, the index was still 3.4 percent below the national average of 19.7 percent, which rose 180 basis points year-over-year.<\/p>\n\n\n\n<p>Recently, Tishman Speyer <a href=\"https:\/\/www.commercialsearch.com\/news\/tishman-speyer-lands-major-la-office-lease\/\" target=\"_blank\" rel=\"noreferrer noopener\">landed a 132,300-square-foot lease<\/a> at The Collective, the largest leasing agreement the area has seen in the last two years. A children entertainment company will move to its new location in November next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The lease furthers a wellness group&#8217;s Southern California expansion. <\/p>\n","protected":false},"author":3749,"featured_media":1004754027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1594,21742,21747,15],"tags":[36305],"class_list":["post-1004754026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-los-angeles","category-latest","category-office","category-west","tag-nai-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cardinal Equities Signs Beverly Hills Tenant - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"The Marshall Group expands its presence in Southern California with a 10 year lease at 8200 Wilshire Blvd. in Beverly Hills.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cardinal-equities-signs-beverly-hills-tenant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardinal Equities Signs Beverly Hills Tenant\" \/>\n<meta property=\"og:description\" content=\"The Marshall Group expands its presence in Southern California with a 10 year lease at 8200 Wilshire Blvd. in Beverly Hills.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cardinal-equities-signs-beverly-hills-tenant\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-15T13:46:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-15T13:46:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/8200-Wilshire-Blvd.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mikayla Sciortino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cardinal-equities-signs-beverly-hills-tenant\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cardinal-equities-signs-beverly-hills-tenant\/\",\"name\":\"Cardinal Equities Signs Beverly Hills Tenant - 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