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La Radiant Leases HQ & Showroom At 11 West 32nd St With Resolution Real Estate Partners

Property Image
LEASED
$36

New York

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Office5,000 SF
Leased
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Property Image
LEASED

La Radiant Leases HQ & Showroom At 11 West 32nd St With Resolution Real Estate Partners

11 West 32nd Street

See Similar Deals
Office5,000 SF
Leased
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$36
Total Square Footage:5000 SF
Transaction Type:Lease

The office space at 11 West 32nd Street in Midtown Manhattan, spanning 5,000 square feet on the seventh floor, was leased by La Radiant for their new headquarters and showroom. The lease, facilitated by Brett Weiss and Jonata Dayan of Resolution Real Estate Partners, was set at an asking rent of $36 per square foot for a 10-year term.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 11 West 32nd Street
  • Market: Midtown Manhattan
  • Tenant: La Radiant
  • Brokers: Brett Weiss & Jonata Dayan - Resolution Real Estate Partners
  • Asking Rent: $36/ft
  • Size: 5,000 square feet
  • Lease Term: 10-year lease

Resolution Real Estate Partners, with Jonata Dayan and Brett Weiss leading the negotiations, successfully secured the 10-year lease agreement for La Radiant at 11 West 32nd Street. This transaction saw the jewelry design and production company acquiring the entire 5,000-square-foot seventh floor, positioning it as their new base of operations in Midtown Manhattan.

Players

Brett Weiss
4 deals
BROKER

Jonata Dayan
Resolution Real Estate Partners
2 deals$6.2M volume(212) 519-2009
BROKER

Details

LEASED
IMAGE: Brett Weiss & Jonata Dayan DATE: 05/24/2024 ADDRESS: 11 West 32nd Street MARKET: Midtown Manhattan ASSET TYPE: Office TENANT: La Radiant BROKERS: Brett Weiss & Jonata Dayan - Resolution Real Estate Partners ASKING RENT: $36/ft ~ SF: 5,000 LEASE TERM: 10-year lease NOTE: Resolution Real Estate Partners, represented by Jonata Dayan and Brett Weiss, orchestrated a 10-year lease for La Radiant at 11 West 32nd Street in Midtown, securing the entire 5,000-square-foot seventh floor for the jewelry design and production company's new headquarters and showroom.

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Deal Type
Effective Rent (Annual)

$206,349.83

Total Lease Value

$2,063,498.28

Net Landlord Cash Flow$206,349.83