Theorist Studios Leases 5,100 SF Office Space At 124 West 36th Street For $38/ft

The property involved in this transaction is located at 124 West 36th Street in the Garment District. It is classified as an office asset with a total space of 5,100 square feet. The lease type for this property is a modified gross lease, with an asking rent of $38 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $38/ft
• Square Footage: 5,100
• Address: 124 West 36th Street
• Market: Garment District
• Landlord: Nazar Properties - Joseph Nazar
• Tenant: Theorist Studios
• Landlord's Representative: Thomas Capuano & Hiro Iwata - Okada & Company
• Broker: Tyler Boyd - Creative Spaces

This lease transaction involved key individuals including Joseph Nazar representing the landlord Nazar Properties, while Theorist Studios is the tenant occupying the office space. The landlord's representatives, Thomas Capuano and Hiro Iwata, are associated with Okada & Company, and Tyler Boyd, who works with Creative Spaces, acted as the broker for the deal.