Johannes Leonardo Leases 52400 Square Feet At 111 Broadway New York From Capital Properties With Daniel Breiman As Tenant's Rep
LEASED
New York
See Similar DealsOffice52,400 SF
LEASED
Johannes Leonardo Leases 52400 Square Feet At 111 Broadway New York From Capital Properties With Daniel Breiman As Tenant's Rep
111 Broadway, New York, NY, 10006
See Similar DealsOffice52,400 SF
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:52,400 SF
Transaction Type:Lease
An office lease has been executed for an advertising agency at Trinity Centre, which comprises two buildings. The leased space spans 52,400 square feet, located at 111 Broadway, New York, NY, 10006, within the New York market.
Summary of transaction details:
- Property Type: Office Lease
- Transaction Amount: Not Disclosed
- Address: 111 Broadway, New York, NY, 10006
- Tenant: Johannes Leonardo
- Tenant's Representative: Daniel Breiman
- Landlord: Capital Properties
- Landlord's Representative: Adam Foster, Brad Gerla, Adam Leshowitz, Mike Rizzo of CBRE
- Occupancy Start Date: July
Negotiations for the lease were handled by CBRE, representing the landlord Capital Properties. Daniel Breiman of Olmstead Properties represented the tenant, Johannes Leonardo, in securing the lease at this location.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,003,536.38
Total Lease Value
$30,035,363.80
Net Landlord Cash Flow$3,003,536.38
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