facebook
Traded Co logo
Submit

Pinecone Leases Office Space At 1375 Broadway, Midtown South

Property Image
LEASED
$45
Daniel Lolai
Paul Ferraro
+ 1

New York

See Similar Deals
Office22,549 SF
Leased 03/11/2024
the dealplayerscompscontact
Property Image
LEASED

Pinecone Leases Office Space At 1375 Broadway, Midtown South

1375 Broadway

See Similar Deals
Office22,549 SF
Leased 03/11/2024
Daniel Lolai
Paul Ferraro
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$45
Total Square Footage:22,549 SF
Transaction Type:Lease

Located at 1375 Broadway in Midtown South, the office property involved in this lease transaction features an asking rent of $45 per square foot for a total of 22,549 square feet. The sublandlord, Vroom, leased the space to the tenant, Pinecone, in a Modified Gross Lease agreement.

Summary of transaction details:

The sublandlord's representatives for this deal were Matthew Livingston and Paul Ferraro from Cushman & Wakefield. On the other side, Daniel Lolai and Eric Siegel from LSL Advisors served as the tenant's representatives, facilitating the lease agreement between Vroom and Pinecone.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Eric Siegel
LSL Advisors
56 deals$96M volume(732) 615-8506
BROKER


Details

LEASED
IMAGE: Daniel Lolai, Eric Siegel, Matthew Livingston & Paul Ferraro DATE: 03/11/2024 ADDRESS: 1375 Broadway MARKET: Midtown South ASSET TYPE: Office SUBLANDLORD: Vroom TENANT: Pinecone SUBLANDLORD'S REP: Matthew Livingston & Paul Ferraro - Cushman & Wakefield (@CushWake) TENANT'S REP: Daniel Lolai (@DanLolai) & Eric Siegel (@EricSiegelll) - LSL Advisors (@LSLAdvisors) ASKING RENT: $45/ft ~ SF: 22,549 LEASE TYPE: Modified Gross Lease

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$1,163,245.57

Total Lease Value

$11,632,455.66

Net Landlord Cash Flow$1,163,245.57