Kaufman Leasing Company And Beacon Capital Partners Lease 21,850 SF To Mixpanel And Others In Manhattan

The commercial asset located at 875 Sixth Avenue in Manhattan has a leasing agreement established with multiple tenants. The modified gross lease has an asking rent of $85 per square foot for a total area of 21,850 square feet.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $1,853,750
• Lease Type: Modified Gross Lease
• Landlord: Kaufman Leasing Company & Beacon Capital Partners
• Tenant: Mixpanel, Manhattan Venture Partners, Quantum Management Services Ltd & Bailard
• Landlord's Representative: Michael Kaufman, Benjamin Saftler & Grant Greenspan - Kaufman Organization

Notable details include the new tenants who occupy the premises: Mixpanel has taken 7,228 square feet, Manhattan Venture Partners occupies 9,399 square feet, Bailard has leased 3,154 square feet, and Quantum Management is utilizing 2,069 square feet. One Nomad (875 Sixth Ave) reports significant leasing activity in Q2 with over 21,800 square feet leased overall.