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100 West Street, New York, ...

Rauxa Leases 50,000 Square Feet At 100 West Street New York From Brookfield Property Partners
LEASEDOffice

Rauxa Leases 50,000 Square Feet At 100 West Street New York From Brookfield Property Partners

100 West Street, New York, NY, 10006

$75

$75/SF

Building Size

50,000 SF

Asset Type

Office

Closing

Mar 7, 2017

AI

The property involved in the transaction is located at 100 West Street, New York, NY, 10006, within the New York market. It has a total square footage of 50,000 and is rented at a rate of $75 per square foot.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 100 West Street, New York, NY, 10006
  • Market: New York
  • Rent/SF: $75
  • Square Feet: 50,000
  • Landlord: Brookfield Property Partners
  • Tenant: Rauxa
  • Landlord's Representatives: Michael Berman (JLL), Clayton Kline (JLL), John Wheeler (JLL)

The key individuals involved in this lease transaction include the representatives for the landlord from JLL, namely Michael Berman, Clayton Kline, and John Wheeler. The tenant Rauxa successfully concluded this lease agreement with Brookfield Property Partners, showcasing the collaboration of both parties and their representatives.

Players

John Wheeler

JLL

Broker

$38.2M

vol

11 deals

Broker

New York 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

211506.67%

Cash-on-Cash

-60449.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93