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Vita Coco Leases 22,530 Square Feet Office Space At 111 5th Avenue From The Winter Organization
LEASED
New York
See Similar DealsOffice22,530 SF
Leased 09/10/2024
LEASED
Vita Coco Leases 22,530 Square Feet Office Space At 111 5th Avenue From The Winter Organization
111 5th Avenue
See Similar DealsOffice22,530 SF
Leased 09/10/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:22,530 SF
Transaction Type:Lease
The property asset involved is located at 111 5th Avenue in the Flatiron District, comprising an office space with a total square footage of 22,530. The landlord of the property is The Winter Organization.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 111 5th Avenue
- Market: Flatiron District
- Landlord: The Winter Organization
- Tenant: Vita Coco
- Brokers: Jason Frazier & Jesse de la Rama - CBRE
Vita Coco has signed a lease to relocate its headquarters from 250 Park Ave. South to this new location at 111 5th Avenue. The transaction was handled by brokers Jason Frazier and Jesse de la Rama from CBRE.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,291,406.00
Total Lease Value
$12,914,060.04
Net Landlord Cash Flow$1,291,406.00
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