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1 Jericho Plaza

Morgan Stanley Renews Lease For 31514 Square Feet At 1 Jericho Plaza Represented By JLL
LEASEDOffice

Morgan Stanley Renews Lease For 31514 Square Feet At 1 Jericho Plaza Represented By JLL

1 Jericho Plaza

Building Size

31,514 SF

Asset Type

Office

Closing

Dec 8, 2025

AI

The property asset involved is an office located at 1 Jericho Plaza in the Jericho market. The total square footage of the asset is 31,514 square feet.

Summary of transaction details:

Mark Meisner, representing The Birch Group, is the landlord in this transaction while Morgan Stanley is the tenant. The brokerage firm JLL, represented by Ray Ruiz, John Nielsen, and Marianne Dugan, facilitated the lease renewal for the property.

Players

Ray Ruiz

JLL

Broker

$15.5M

vol

2 deals

Broker
Mark Meisner

Mark Meisner

The Birch Group

Landlord

$1.1B

vol

11 deals

Landlord
Morgan Stanley
Morgan Stanley Tenant

Jericho Office Market Snapshot

Boundary boundary · Office · 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