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Nick Patrick Of Radar Labs Signs Seven-Year Lease For 20000 Sq Ft Office In Union Square
LEASED
+ 1
New York
See Similar DealsOffice20,000 SF
Leased 04/17/2025
LEASED
Nick Patrick Of Radar Labs Signs Seven-Year Lease For 20000 Sq Ft Office In Union Square
111 5th Avenue
See Similar DealsOffice20,000 SF
Leased 04/17/2025
+ 1
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:20,000 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 111 5th Avenue in the Union Square market. It is an office space with a total area of 20,000 square feet. The lease was signed for a duration of seven years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 111 5th Avenue
- Market: Union Square
- Landlord: Winter Organization
- Tenant: Nick Patrick - Radar Labs
- Brokers: Anthony Sciacca, Jonathan Franzel, Leo Koné & Robert Silver - Newmark
In this transaction, the geolocation platform Radar Labs, represented by Nick Patrick, is moving from its current location at 841 Broadway, which is six blocks away from the new office at 111 5th Avenue.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,146,387.93
Total Lease Value
$11,463,879.31
Net Landlord Cash Flow$1,146,387.93
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