Charles Schwab Renews 11-Year Lease For 23000 Square Feet At 1133 6th Avenue

The property asset located at 1133 6th Avenue in Midtown Manhattan is an office space encompassing 23,000 square feet. Charles Schwab has renewed its lease on the 37th floor for a term of 11 years. The asking rent for this property is set at $105 per square foot. The landlord, Durst Organization, has undertaken significant capital improvements, amounting to $40 million, to enhance the building's value and appeal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $105/ft
• Square Footage: 23,000
• Address: 1133 6th Avenue
• Market: Midtown Manhattan
• Landlord: Jonathan Durst - Durst Organization
• Tenant: Charles Schwab
• Brokers: Nora Caliban, Thomas Bow & Rocco Romeo - The Durst Organization

In this transaction, Jonathan Durst represents the Durst Organization as the landlord, while Charles Schwab secures its continued presence in Midtown Manhattan. The brokers involved in this renewal deal, Nora Caliban, Thomas Bow, and Rocco Romeo, are all from The Durst Organization, facilitating the lease agreement for the tenant.