Zeno Group Signs 10-Year Office Lease At 140 Broadway With Union Investment As Landlord

The asset involved in this transaction is an office space located at 140 Broadway in Manhattan. The property encompasses a total of 22,000 square feet and is leased for a duration of 10 years at an asking rent of $70 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $70/SF
• Lease Term: 10 years
• Address: 140 Broadway
• Market: Manhattan
• Landlord: Union Investment
• Tenant: Zeno Group
• Landlord's Representative: David Falk, Hal D. Stein, Eric Cagner, Jonathan Franzel, Daniel Appel & Claire Koeppel - Newmark
• Tenant's Representative: Joshua Pernice - CBRE & Robert Hill - Savills
• Square Footage: 22,000 SF

Zeno Group's lease signing reflects an agreement where the tenant secured the 39th-floor space under the conditions brokered by Newmark with active participation from the landlords' representatives including multiple agents. Additionally, the transaction involves representation from CBRE and Savills for the tenant.