Nordstrom Rack Leases 46500 Square Feet At 855 Avenue Of The Americas From Durst Organization
LEASED
National
See Similar DealsRetail46,500 SF
Leased 02/15/2017
LEASED
Nordstrom Rack Leases 46500 Square Feet At 855 Avenue Of The Americas From Durst Organization
855 Avenue of the Americas, New Yor...
See Similar DealsRetail46,500 SF
Leased 02/15/2017
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:46,500 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 855 Avenue of the Americas, New York. It encompasses a total square footage of 46,500 square feet. The landlord for this property is Durst Organization, while the tenant is Nordstrom Rack.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 855 Avenue of the Americas, New York
- Square Feet: 46,500
- Tenant: Nordstrom Rack
- Landlord: Durst Organization
- Brokers: Eric Engelhardt - Durst Organization
This transaction involves Eric Engelhardt representing the landlord, Durst Organization. The tenant in this deal is Nordstrom Rack, indicating a strategic occupancy in a prominent location.
Players
BROKERAGE
BROKERAGE
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,665,351.94
Total Lease Value
$26,653,519.40
Net Landlord Cash Flow$2,665,351.94
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