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
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