CBRE Represents Cohen & Steers In 15-Year Lease At 1166 Avenue Of The Americas
1166 Avenue of the Americas
160,960 SF
Summary
Cohen & Steers has signed a 15-year lease for office space at 1166 Avenue of the Americas in Manhattan. The property, owned by Marsh & McLennan, spans approximately 160,960 square feet and was represented by David Falk, Andrew Sachs, Peter Shimkin, and Tim Gibson from Newmark. The asking rent was $87 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 1166 Avenue of the Americas
- Market: Manhattan
- Tenant: Cohen & Steers
- Tenant's Rep: Michael Geoghegan, Michael Wellen, Silvio Petriello, Taylor Scheinman, and Ben Friedland - CBRE
- Landlord: Marsh & McLennan
- Landlord's Rep: David Falk, Andrew Sachs, Peter Shimkin, and Tim Gibson - Newmark
- Asking Rent: $87 per square foot
- Lease Terms: 15 years
The lease transaction was facilitated by the CBRE team, including Michael Geoghegan, Michael Wellen, Silvio Petriello, Taylor Scheinman, and Ben Friedland. They represented Cohen & Steers in the deal. The Newmark team, consisting of David Falk, Andrew Sachs, Peter Shimkin, and Tim Gibson, worked on behalf of Marsh & McLennan as the landlord's representatives.
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