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Gentry Long Of Industrious Leases Additional 51,600 Square Feet At Tower 49 In Midtown Manhattan
LEASED
New York
See Similar DealsOffice291,600 SF
Leased 03/16/2026
LEASED
Gentry Long Of Industrious Leases Additional 51,600 Square Feet At Tower 49 In Midtown Manhattan
12 East 49th Street
See Similar DealsOffice291,600 SF
Leased 03/16/2026
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:291,600 SF
Transaction Type:Lease
The asset involved in this transaction is an office space located at 12 East 49th Street in Midtown Manhattan. The space has a total square footage of 291,600 and is part of a larger development within the area. The landlord of the property is Kato International.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 12 East 49th Street
- Market: Midtown Manhattan
- Landlord: Kato International
- Tenant: Gentry Long - Industrious
- Leased Space: 51,600 square feet
- Total Space Leased by Tenant: 291,600 square feet
- Floors Occupied: 18
- Date: 03/16/2026
Gentry Long represents Industrious in this transaction as they expand their footprint at Tower 49. The deal involves leasing additional office space to accommodate the growing business needs of Industrious within the Midtown Manhattan market.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$16,714,336.04
Total Lease Value
$167,143,360.36
Net Landlord Cash Flow$16,714,336.04
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