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One Chase Manhattan Plaza, ...

Refinitiv Leases 108917 Square Feet At One Chase Manhattan Plaza With Landlord Fosun International
LEASEDCommercial

Refinitiv Leases 108917 Square Feet At One Chase Manhattan Plaza With Landlord Fosun International

One Chase Manhattan Plaza, New Yor...

Building Size

108,917 SF

Asset Type

Commercial

Closing

Jan 9, 2020

AI

The lease involves a property located at One Chase Manhattan Plaza in New York, covering a total area of 108,917 square feet. The transaction reflects the leasing market dynamics in New York.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: One Chase Manhattan Plaza, New York
  • Market: New York
  • Tenant: Refinitiv
  • Landlord: Fosun International
  • Tenant's Representative: Eliza Akers
  • Brokers: Dan Turkewitz-JLL, Daniel Turkewitz-JLL, John Wheeler-JLL

This transaction was facilitated by multiple brokers from JLL, with Dan Turkewitz, Daniel Turkewitz, and John Wheeler involved, highlighting the collaborative nature of real estate transactions in this market. The landlord, Fosun International, is a significant player in the property sector.

Players

John Wheeler

JLL

Broker

$38.2M

vol

11 deals

Broker
Rockstar Capital
Rockstar CapitalBrokerage

New York Commercial Market Snapshot

Boundary boundary · Commercial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93