MKP Capital Management Leases 300000 SF At 600 Lexington Ave With SL Green Realty Corp
LEASED
$85
New York
See Similar Deals300,000 SF
LEASED
MKP Capital Management Leases 300000 SF At 600 Lexington Ave With SL Green Realty Corp
600 Lexington Ave, New York, NY, 100...
See Similar Deals300,000 SF
Summary
NEW YORK
Price Per Square Foot:$85
Total Square Footage:300,000 SF
Transaction Type:Lease
The property involved in this lease transaction is located at 600 Lexington Ave, New York, NY. The space measures 300,000 square feet and is situated within the New York market. The agreed rent is set at $85 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 600 Lexington Ave, New York, NY, 100...
- Market: New York
- Tenant: MKP Capital Management
- Landlord: SL Green Realty Corp
- Tenant's Representative: John Mambrino - Savills
- Landlord's Representative: Larry Swiger
- Square Feet: 300,000
- Rent/SF: $85
The deal features two key parties, MKP Capital Management as the tenant and SL Green Realty Corp as the landlord. Representing MKP Capital Management is John Mambrino from Savills, while Larry Swiger represents SL Green Realty Corp in this transaction.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$29,232,892.24
Total Lease Value
$292,328,922.44
Net Landlord Cash Flow$29,232,892.24
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