Kira Learning Leases Office Space At 11 Park Place In Financial District For $55/ft
LEASED
$55
New York
See Similar DealsOffice16,108 SF
Leased
LEASED
Kira Learning Leases Office Space At 11 Park Place In Financial District For $55/ft
11 Park Place
See Similar DealsOffice16,108 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$55
Total Square Footage:16108 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 11 Park Place within the Financial District. The asset encompasses a total of 16,108 square feet and is leased under a Modified Gross Lease at an asking rent of $55 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $55/ft
- Address: 11 Park Place
- Market: Financial District
- Tenant: Kira Learning
- Lease Type: Modified Gross Lease
- Tenant's Representatives: Alex Fleischman, Thomas Capuano & Christopher Okada - Okada & Company
The deal includes representation by Alex Fleischman, Thomas Capuano, and Christopher Okada who act on behalf of Kira Learning through their agency, Okada & Company, highlighting their involvement in securing the lease for this office space.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,015,630.92
Total Lease Value
$10,156,309.24
Net Landlord Cash Flow$1,015,630.92
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