Arcesium Leases Office Space At 1166 Avenue Of The Americas For $78/SF
LEASED
$78
National
See Similar DealsOffice39,074 SF
Leased 11/28/2016
LEASED
Arcesium Leases Office Space At 1166 Avenue Of The Americas For $78/SF
1166 Avenue of the Americas, New Yo...
See Similar DealsOffice39,074 SF
Leased 11/28/2016
Summary
Asset Type:Office
Price Per Square Foot:$78
Total Square Footage:39,074 SF
Transaction Type:Lease
The asset involved in the transaction is an office located at 1166 Avenue of the Americas in New York. The property spans 39,074 square feet and commands a rent of $78 per square foot. The lease was signed on November 28, 2016, with Arcesium as the tenant and Edward J. Minskoff Equities as the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant's Rep: Roger Griswold (CBRE)
- Brokers: Timothy Dempsey (CBRE)
Roger Griswold from CBRE represented Arcesium as the tenant in this lease deal, while Timothy Dempsey, also from CBRE, was involved as a broker. Edward J. Minskoff Equities served as the landlord for the property at 1166 Avenue of the Americas, solidifying the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,493,929.04
Total Lease Value
$34,939,290.38
Net Landlord Cash Flow$3,493,929.04
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