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Paramount Group Leases 67688 SF To Swiss Re At 1301 Avenue Of The Americas

Property Image
LEASED
$100
Robert Martinez
Clark Finney
+ 1

National

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Office67,688 SF
Leased 01/06/2017
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Property Image
LEASED

Paramount Group Leases 67688 SF To Swiss Re At 1301 Avenue Of The Americas

1301 Avenue of the Americas, New Yo...

See Similar Deals
Office67,688 SF
Leased 01/06/2017
Robert Martinez
Clark Finney
+ 1
Contact now

Summary

Asset Type:Office
Price Per Square Foot:$100
Total Square Footage:67,688 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 1301 Avenue of the Americas, New York. The space encompasses 67,688 square feet, with a rental rate of $100 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: 6,768,800
  • Address: 1301 Avenue of the Americas, New York
  • Landlord: Paramount Group
  • Tenant: Swiss Re
  • Landlord's Representatives: Clark Finney (JLL), Frank Doyle (JLL)

This lease transaction involves Swiss Re as the tenant securing the premises. Paramount Group serves as the landlord, while JLL representatives Clark Finney and Frank Doyle facilitated the deal on behalf of the landlord.

Players

Frank Doyle
25 deals$538.2M volume
BROKER

Clark Finney
JLL
11 deals$500M volume
BROKER

Robert Martinez
Rockstar Capital
5 deals$51M volume
BROKER

Peter Brindley
Simpson Thacher & Bartlett
4 deals
BROKER

Paramount Group
LENDER


Details

LEASED
IMAGE: 1301 Avenue of the Americas, New Yo... LANDLORD'S REP: Clark Finney(JLL), Frank Doyle(JLL) TENANT: Swiss Re LANDLORD: Paramount Group RENT/SF: 100 SQUARE FEET: 67688

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Deal Type
Effective Rent (Annual)

$7,759,670.63

Total Lease Value

$77,596,706.28

Net Landlord Cash Flow$7,759,670.63