Mid-Wilshire Office Development – Project Feasibility
Shimizu North America | Financial analysis and prototypical deal structuring for a planned office tower to be developed along the Wilshire Corridor in Los Angeles, California. Analysis included impact of tenant leasing program, leasing velocity, lease roll-overs, and the like. Project investment returns were tested for an array of scenarios regarding inflation, months vacant upon roll-overs, and rental step-up lease provisions. IRR analysis included review of sensitivity of different contribution components of partitioned rates-of-return.