Midocean Partners Leases 38383 Square Feet At 245 Park Ave With Rabobank As Landlord
LEASED
+ 3
New York
See Similar DealsCommercial38,383 SF
Leased 11/13/2019
LEASED
Midocean Partners Leases 38383 Square Feet At 245 Park Ave With Rabobank As Landlord
245 Park Ave, New York, NY, 10167
See Similar DealsCommercial38,383 SF
Leased 11/13/2019
+ 3
Summary
NEW YORK
Asset Type:Commercial
Price Per Square Foot:$0
Total Square Footage:38,383 SF
Transaction Type:Lease
The property involved in the transaction is located at 245 Park Ave, New York, NY, 10167. This lease transaction involves a total area of 38,383 square feet within the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 245 Park Ave, New York, NY, 10167
- Market: New York
- Tenant: Midocean Partners
- Landlord: Rabobank
- Tenant's Rep: Gregory Tosko (CBRE)
- Landlord's Reps: Brett Shannon (CBRE), Daniel Wilpon (CBRE), Jeffrey Frenkel (CBRE)
- Brokers: David Falk (Newmark), Jason Greenstein (Newmark)
The transaction was facilitated by representatives from CBRE and Newmark, with Gregory Tosko representing the tenant while Brett Shannon, Daniel Wilpon, and Jeffrey Frenkel represented the landlord. David Falk and Jason Greenstein, both from Newmark, contributed to the brokerage aspects of the agreement.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,200,090.40
Total Lease Value
$22,000,903.98
Net Landlord Cash Flow$2,200,090.40
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