Waterfall Asset Management Leases 44100 Square Feet From Mitsui Fudosan America At 1251 Avenue Of The Americas
LEASED
National
See Similar DealsOffice44,100 SF
Leased 11/29/2018
LEASED
Waterfall Asset Management Leases 44100 Square Feet From Mitsui Fudosan America At 1251 Avenue Of The Americas
1251 Avenue of the Americas, New Yo...
See Similar DealsOffice44,100 SF
Leased 11/29/2018
Summary
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:44,100 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 1251 Avenue of the Americas, New York, and encompasses a total area of 44,100 square feet. The transaction is between Waterfall Asset Management, the tenant, and Mitsui Fudosan America, the landlord.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not specified
- Address: 1251 Avenue of the Americas, New York
- Tenant: Waterfall Asset Management
- Landlord: Mitsui Fudosan America
- Square Feet: 44,100
In this transaction, the representatives for the tenant include Keith Caggiano from Avison Young, Christopher Kraus from JLL, and James Travers from Cresa Los Angeles. The landlord is represented by Eric Cagner from Newmark, while David Falk from Newmark is also noted as a broker involved in the deal.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,527,785.39
Total Lease Value
$25,277,853.88
Net Landlord Cash Flow$2,527,785.39
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