Soho Works Leases 50000 Square Feet At 10 Jay St Brooklyn From Triangle Assets With Tenant's Rep Howard Hersch
LEASED
New York
See Similar DealsOffice50,000 SF
Leased 01/24/2019
LEASED
Soho Works Leases 50000 Square Feet At 10 Jay St Brooklyn From Triangle Assets With Tenant's Rep Howard Hersch
10 Jay St, Brooklyn, NY, 11201
See Similar DealsOffice50,000 SF
Leased 01/24/2019
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease
The property asset involved in the transaction is located at 10 Jay St, Brooklyn, NY, 11201. It spans a total of 50,000 square feet and is situated in the Brooklyn market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Soho Works
- Tenant's Representative: Howard Hersch - JLL
- Landlord: Triangle Assets
This transaction highlights the representation of Soho Works by Howard Hersch from JLL, facilitating the lease agreement with Triangle Assets as the landlord.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,865,969.83
Total Lease Value
$28,659,698.28
Net Landlord Cash Flow$2,865,969.83
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