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Cole Schotz Expands Midtown Manhattan Presence With 32,128 SF Lease
LEASED
New York
See Similar DealsOffice32,128 SF
Leased 03/14/2024
LEASED
Cole Schotz Expands Midtown Manhattan Presence With 32,128 SF Lease
1325 6th Avenue
See Similar DealsOffice32,128 SF
Leased 03/14/2024
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:32,128 SF
Transaction Type:Lease
The office property located at 1325 6th Avenue in Midtown Manhattan spans 32,128 square feet. The lease was secured by law firm Cole Schotz.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Doug Neye - The Paramount Group
- Tenant: Cole Schotz
- Brokers: Ben Bouganim, Ed Wartels & Justin Halpern - Cushman & Wakefield
The lease deal at 1325 Sixth Ave was facilitated by brokers Ben Bouganim, Ed Wartels, and Justin Halpern from Cushman & Wakefield, representing both the landlord, Doug Neye of The Paramount Group, and the tenant, Cole Schotz.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,841,557.57
Total Lease Value
$18,415,575.73
Net Landlord Cash Flow$1,841,557.57
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