Eternal Life Leases 12,000 SF Mixed-Use Space At 525 West 26th Street In Chelsea

The property involved in this transaction is a mixed-use asset located at 525 West 26th Street in the Chelsea market. The asking rent for the space is set at $55 per square foot, covering an area of 12,000 square feet, under a Modified Gross Lease arrangement.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $55/ft
• Address: 525 West 26th Street
• Market: Chelsea
• Landlord: Joseph Schik
• Tenant: Eternal Life
• Landlord's Representative: John Roesch & Sara Lamstein - Meridian Capital Group
• Tenant's Representative: Michael Azarian, James Ariola & Kassie Wallace - Cushman & Wakefield

The deal involves several key representatives. John Roesch and Sara Lamstein from Meridian Capital Group represent the landlord, while the tenant is represented by Michael Azarian, James Ariola, and Kassie Wallace of Cushman & Wakefield.