Green Street Advisors Expands Lease At 10 Grand Central Manhattan For $88 Per Square Foot

The property involved in this transaction is an office asset located at 10 Grand Central in Manhattan. The total leased area amounts to 12,000 square feet, with an asking rent set at $88 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $88/ft
• Address: 10 Grand Central, Manhattan
• Landlord: Craig Deitelzweig - Marx Realty
• Tenant: Green Street Advisors
• Square Footage: 12,000
• Brokerage: Ian Lipman, Mitchell Konsker, Thomas Swartz, Carlee Palmer & Nicole Danyi - JLL

The deal facilitates Green Street Advisors' expansion of its lease at the property, increasing their leased space by 7,000 square feet. The transaction was coordinated by JLL, representing both the landlord and the tenant, reflecting ongoing tenant growth in the redeveloped Midtown office tower.