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
About this deal
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:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1 Jericho Plaza
- Market: Jericho
- Landlord: Mark Meisner - The Birch Group
- Tenant: Morgan Stanley
- Brokers: Ray Ruiz, John Nielsen & Marianne Dugan - JLL
- Lease Renewal: Yes
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.
On the Map
Office
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Players
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