WeWork Leases Office Space At 115 Broadway, New York For $55/SF

The property at 115 Broadway, New York, NY, 10006 is an office asset with a total square footage of 85,000. The lease was signed on 08/15/2017, with WeWork as the tenant and Capital Properties as the landlord. The agreed rent is $55 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Tenant: WeWork
• Landlord: Capital Properties
• Tenant's Rep: Michael Schoenbrun (Meridian Capital Group)

Michael Schoenbrun of Meridian Capital Group represented WeWork in the lease transaction at 115 Broadway. WeWork, a well-known co-working space provider, will occupy the 85,000 square feet of office space under the agreement with Capital Properties.