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Graviton Bioscience Leases 30,000 SF Life Science Space At 125 West End Ave, New York
LEASED
$125
New York
See Similar DealsLife Sciences30,000 SF
Leased 07/02/2023
LEASED
Graviton Bioscience Leases 30,000 SF Life Science Space At 125 West End Ave, New York
125 West End Ave New York, NY 10023, USA
See Similar DealsLife Sciences30,000 SF
Leased 07/02/2023
Summary
NEW YORK
Asset Type:Life Sciences
Price Per Square Foot:$125
Total Square Footage:30,000 SF
Transaction Type:Lease
Elevate Research Properties, represented by Matthew Weir, has leased 30,000 square feet of space at 125 West End Avenue in New York. The newly completed life sciences center will serve as the headquarters for Graviton Bioscience, marking the company's first tenancy in the building. The asking rent for the space is $125 per square foot.
Summary of transaction details
- Property Type: Life Science
- Transaction Amount: Not specified
- Address: 125 West End Avenue
- Market: New York
- Landlord: Elevate Research Properties - Matthew Weir
- Tenant: Graviton Bioscience
Graviton Bioscience has chosen West End Labs as its research and office headquarters, leasing 30,000 square feet of space within the 400,000 square-foot building. This move represents a significant opportunity for Graviton Bioscience to establish its presence in the life sciences industry in New York.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,298,954.74
Total Lease Value
$42,989,547.42
Net Landlord Cash Flow$4,298,954.74
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