Penta Group Signs Seven-Year Lease For 10,539 SF Office In Midtown Manhattan
New York
See Similar DealsPenta Group Signs Seven-Year Lease For 10,539 SF Office In Midtown Manhattan
111 West 33rd Street
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The asset involved in this lease transaction is an office space located at 111 West 33rd Street in Midtown Manhattan, encompassing 10,539 square feet. The lease spans a period of seven years, with rent commencing at $76 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 111 West 33rd Street
- Market: Midtown Manhattan
- Landlord: Empire State Realty Trust
- Tenant: Penta Group
- Landlord's Representatives: Jordan Berger & Kerry Lavelle - Empire State Realty Trust; Scott Klau, Erik Harris & Neil Rubin - Newmark
- Tenant's Representatives: Alex Leopold & John Maher - CBRE
Penta Group is expanding its New York City office through this lease agreement, which represents a strategic move within the highly competitive Midtown Manhattan market. The deal involves various representatives from both the landlord and tenant sides, facilitating the smooth execution of this transaction.
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