Stealth NY Leases 12,976 SF Life Sciences Space At 325 Hudson Street Manhattan For $150/ft

This lease involves a life sciences asset located at 325 Hudson Street in Manhattan. The asking rent for the property is set at $150 per square foot for a total of 12,976 square feet. The lease term is established for 10 years under a NNN lease structure.

Summary of transaction details:

• Property Type: Life Sciences
• Transaction Amount: $150/ft
• Lease Term: 10 Years
• Lease Type: NNN Lease
• Landlord: DivcoWest
• Tenant: Stealth NY
• Landlord's Representative: Neil King, Paul Amrich, Kelly Tipton, Brooke Dewing - CBRE
• Tenant's Representative: William Janetschek, Nicholas Hein, Matthew DeRose - Nomad Group

The transaction showcases the involvement of DivcoWest as the landlord, whereas Stealth NY is the tenant. The deal was facilitated by the representatives from CBRE and Nomad Group, who played key roles in securing the lease agreement.