Mundi Westport Group Leases Office Space In Midtown Manhattan For 12 Years | 366 5th Avenue | Lance Korman, Michael Joseph, Brian Waterman, David Waterman, Aidan Campbell, Jordy Elardo | Office | Lease

Summary

Lease

NEW YORK

Office

10,800 sqft

The office property located at 366 5th Avenue in Midtown Manhattan has been leased by Mundi Westport Group, a leather goods wholesaler. The 12-year lease encompasses 10,800 square feet of space at an asking rent of $58 per square foot.

Summary of transation details:

Property Type: Office
Transaction Amount: Not specified
Landlord: Joseph P. Day Realty
Tenant: Mundi Westport Group
Landlord's Rep: Jordy Elardo, Aidan Campbell & Michael Joseph - Colliers International
Tenant's Rep: Brian Waterman, David Waterman & Lance Korman - Newmark
Address: 366 5th Avenue
Market: Midtown Manhattan
Lease Term: 12 years

The deal was facilitated by Jordy Elardo, Aidan Campbell, and Michael Joseph representing the landlord from Colliers International, while Brian Waterman, David Waterman, and Lance Korman represented the tenant from Newmark. Mundi Westport Group will be relocating its showroom from 183 Madison Avenue to the new leased space on 366 Fifth Avenue, marking a strategic move for the leather goods wholesaler.

Players

All
8

Agents
6
Agencies
2

$52.7M Sold

Executive Vice Chairman

Associate Vice President

Newmark

Colliers International

Details

Deal Summary

LEASED

IMAGE: Aidan Campbell, Jordy Elardo, Michael Joseph, David Waterman, Brian Waterman & Lance Korman DATE: 04/30/2024 ADDRESS: 366 5th Avenue MARKET: Midtown Manhattan ASSET TYPE: Office LANDLORD: Joseph P. Day Realty TENANT: Mundi Westport Group LANDLORD'S REP: Jordy Elardo, Aidan Campbell & Michael Joseph - Colliers International (@ColliersInternational) TENANT'S REP: Brian Waterman (@BriansWaterman), David Waterman & Lance Korman - Newmark (@Newmark) ASKING RENT: $58/ft ~ SF: 10,800 LEASE TERM: 12-year lease NOTE: Mundi Westport Group, a leather goods wholesaler, will relocate its showroom from 183 Madison Avenue to 366 Fifth Avenue, signing a 12-year lease for 10,800 square feet.

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Address366 5th Avenue

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