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
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