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Adyen Leases 90,000 Square Feet Office Space In Flatiron District From Winter Organization
LEASED
$89
+ 2
New York
See Similar DealsOffice90,000 SF
Leased
LEASED
Adyen Leases 90,000 Square Feet Office Space In Flatiron District From Winter Organization
111 5th Avenue
See Similar DealsOffice90,000 SF
Leased
+ 2
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$89
Total Square Footage:90000 SF
Transaction Type:Lease
The property asset involved is an office located at 111 5th Avenue in the Flatiron District of Manhattan. Adyen has signed a 10-year lease for 90,000 square feet at an asking rent of $89 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $89/ft
- Square Footage: 90,000
- Address: 111 5th Avenue
- Market: Flatiron District
- Landlord: Winter Organization
- Tenant: Adyen
- Landlord's Rep: David Falk, Robert Silver & Anthony Sciacca - Newmark
- Tenant's Rep: Justin Haber & Kyle Riker - JLL
- Lease Term: 10 years
This transaction involves key representatives including David Falk, Robert Silver, and Anthony Sciacca from Newmark, representing the landlord, while Justin Haber and Kyle Riker from JLL represent the tenant in this lease agreement.
Players
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$9,182,567.33
Total Lease Value
$91,825,673.28
Net Landlord Cash Flow$9,182,567.33
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