Savanna Group Leases Office Space To KEEL At 106 West 56th Street For $124 Per Sf
LEASED
$124
New York
See Similar DealsOffice3,850 SF
Leased
LEASED
Savanna Group Leases Office Space To KEEL At 106 West 56th Street For $124 Per Sf
106 West 56th Street
See Similar DealsOffice3,850 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$124
Total Square Footage:3850 SF
Transaction Type:Lease
The office asset located at 106 West 56th Street in the Manhattan market involves a lease transaction with an asking rent of $124 per square foot for a total area of 3,850 square feet. The lease type is a Single Net Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $124/ft
- Lease Type: Single Net Lease
- Landlord: Savanna Group
- Tenant: KEEL
- Landlord's Representative: Caroline Merck & Hannah Gerard - CBRE
- Tenant's Representative: Alex W. Putzer - Bridge Advisory Group
The deal is represented by Caroline Merck and Hannah Gerard from CBRE for the landlord side, while Alex W. Putzer from Bridge Advisory Group represents the tenant, KEEL, ensuring the interests of both parties are addressed during this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$547,285.60
Total Lease Value
$5,472,855.98
Net Landlord Cash Flow$547,285.60
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