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Solomon Partners Secures 15-Year Lease For 70,000 SF At Mitsui Fudosan America's 1251 Sixth Avenue

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LEASED
Neil Goldmacher
Peter Shimkin
+ 1

New York

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Office70,000 SF
Leased 12/12/2023
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LEASED

Solomon Partners Secures 15-Year Lease For 70,000 SF At Mitsui Fudosan America's 1251 Sixth Avenue

1251 6th Avenue

See Similar Deals
Office70,000 SF
Leased 12/12/2023
Neil Goldmacher
Peter Shimkin
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:70,000 SF
Transaction Type:Lease

Solomon Partners, the financial advisory firm formerly known as PJ Solomon, has secured a 15-year lease for 70,000 square feet at Mitsui Fudosan America’s 1251 Sixth Avenue in Midtown Manhattan. The office space's address is 1251 6th Avenue, and it is situated in the bustling market of Midtown Manhattan.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided in the available information
  • Square Footage: 70,000 SF
  • Address: 1251 6th Avenue
  • Market: Midtown Manhattan

The lease agreement was made between Solomon Partners and Mitsui Fudosan America, with John Kessler representing the landlord. Mitsui Fudosan America, owned by John Kessler, acted as the landlord for the property. David Falk and Peter Shimkin, from Newmark, represented the landlord in this deal. Solomon Partners, spearheaded by Peter J. Solomon, served as the tenant for this lease. The tenant's representation was handled by Michael Horner and Neil Goldmacher, also from Newmark.

Players

David Falk
59 deals
BROKER

Peter Shimkin
Newmark
32 deals$10M volume
BROKER

Neil Goldmacher
Newmark
16 deals
BROKER


Mitsui Fudosan America
LANDLORD

Details

LEASED
IMAGE: Neil Goldmacher, John Kessler, David Falk, Peter J. Solomon & Peter Shimkin DATE: 12/12/2023 ADDRESS: 1251 6th Avenue MARKET: Midtown Manhattan ASSET TYPE: Office ~ SF: 70,000 LANDLORD: John Kessler - Mitsui Fudosan America TENANT: Solomon Partners - Peter J. Solomon LANDLORD'S REP: David Falk & Peter Shimkin - Newmark TENANT'S REP: Michael Horner & Neil Goldmacher - Newmark NOTE: Solomon Partners, the financial advisory firm formerly known as PJ Solomon, has secured a 15-year lease for 70,000 square feet at Mitsui Fudosan America’s 1251 Sixth Avenue in Manhattan.

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Deal Type
Effective Rent (Annual)

$4,012,357.76

Total Lease Value

$40,123,577.59

Net Landlord Cash Flow$4,012,357.76