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1155 Avenue of the Americas...

Deutsche Börse Leases Office Space At 1155 Avenue Of The Americas In New York
LEASEDOffice

Deutsche Börse Leases Office Space At 1155 Avenue Of The Americas In New York

1155 Avenue of the Americas, New Yo...

Building Size

12,095 SF

Asset Type

Office

Closing

Jul 5, 2018

AI

The office located at 1155 Avenue of the Americas in New York, with a total space of 12,095 square feet, was leased on 07/05/2018. Deutsche Börse, represented by Simon Landmann from JLL, secured the lease agreement with the landlord, Durst Organization.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1155 Avenue of the Americas, New York
  • Tenant: Deutsche Börse
  • Tenant's Rep: Simon Landmann (JLL)
  • Landlord: Durst Organization
  • Square Feet: 12,095

The lease transaction involved the office space at 1155 Avenue of the Americas. Deutsche Börse, a tenant in the deal, was represented by Simon Landmann from JLL. On the other side, the landlord, Durst Organization, facilitated the lease agreement. This transaction showcases the collaborative effort between the tenant's representative and the property owner, ensuring a successful lease of the office space.

Players

Simon Landmann

JLL

Broker

11 deals

Broker
Durst Organization
Durst OrganizationBrokerage
Durst Organization
Durst OrganizationLandlord

Market Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93