Capital One Bank Leases 116926 Square Feet At 114 5th Ave New York With Rep Dale Schlather
LEASED
New York
See Similar DealsOffice116,926 SF
Leased 08/03/2022
LEASED
Capital One Bank Leases 116926 Square Feet At 114 5th Ave New York With Rep Dale Schlather
114 5th Ave, New York, NY, 10011
See Similar DealsOffice116,926 SF
Leased 08/03/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:116,926 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 114 5th Ave, New York, NY, 10011. The leased space has a total area of 116,926 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 114 5th Ave, New York, NY, 10011
- Square Feet: 116926
- Tenant: Capital One Bank
- Landlord: Allianz Real Estate
- Tenant's Representative: Dale Schlather, Greg Herman (Cushman & Wakefield)
- Landlord's Representative: David Berkey (L&L Holding Company)
The key individuals involved in this transaction include the tenant, Capital One Bank, and the landlord, Allianz Real Estate. The representatives for the tenant are Dale Schlather and Greg Herman from Cushman & Wakefield, while the landlord is represented by David Berkey from L&L Holding Company.
Players
LENDER
LANDLORD
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$6,702,127.76
Total Lease Value
$67,021,277.62
Net Landlord Cash Flow$6,702,127.76
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