Suvretta Capital Management Leases Office Space At 11 East 26th Street In Manhattan

11 East 26th Street is an office asset located in Manhattan's NoMad neighborhood. Suvretta Capital Management signed an 11-year lease for the space, which encompasses 12,134 square feet, at an asking rent of $145 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $145/ft
• Square Footage: 12,134 SF
• Address: 11 East 26th Street
• Market: Manhattan
• Lease Term: 11 years
• Landlord: Henry Elghanayan - Rockrose Development
• Tenant: Aaron Cowen - Suvretta Capital Management
• Landlord's Representative: Ariel Harwood - Newmark
• Tenant's Representatives: Jarod Stern & Adele Werner - Savills

Henry Elghanayan represents Rockrose Development in this transaction, while tenants Aaron Cowen leads the representation from Suvretta Capital Management. The lease signifies a relocation from 540 Madison Avenue to the new premises at 11 East 26th Street.