UCB Leases Office Space At 113 University Place In Greenwich Village For $55/ft

The asset involved in this transaction is an office space located at 113 University Place in the Greenwich Village market. The office comprises 6,500 square feet and is under a modified gross lease agreement. The asking rent for this space is set at $55 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Asking rent of $55/ft
• Address: 113 University Place
• Market: Greenwich Village
• Landlord: Amalgamated Lithographers of America
• Tenant: UCB
• Brokers: Xavier Newton, Avery Reavill & Christopher Okada - Okada & Company
• Lease Type: Modified Gross Lease

The deal featured key individuals from Okada & Company, including brokers Xavier Newton, Avery Reavill, and Christopher Okada, who were instrumental in facilitating this lease arrangement between the landlord and tenant.