Paramount Group Leases 67688 SF To Swiss Re At 1301 Avenue Of The Americas
LEASED
National
See Similar DealsOffice67,688 SF
Leased 01/06/2017
LEASED
Paramount Group Leases 67688 SF To Swiss Re At 1301 Avenue Of The Americas
1301 Avenue of the Americas, New Yo...
See Similar DealsOffice67,688 SF
Leased 01/06/2017
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
LENDER
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,759,670.63
Total Lease Value
$77,596,706.28
Net Landlord Cash Flow$7,759,670.63
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