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Canna Business Resources Leases Office Space At 1407 Broadway In Times Square South

Property Image
LEASED
$58
Garett Varricchio
Eric Siegel
+ 2

New York

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Office12,850 SF
Leased 09/06/2022
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Property Image
LEASED

Canna Business Resources Leases Office Space At 1407 Broadway In Times Square South

1407 Broadway, New York City, New York 10018, United States

See Similar Deals
Office12,850 SF
Leased 09/06/2022
Garett Varricchio
Eric Siegel
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$58
Total Square Footage:12,850 SF
Transaction Type:Lease

A lease transaction has taken place at 1407 Broadway in Times Square South. The property, an office space, has been leased by Canna Business Resources. The deal was brokered by Daniel Lolai, Wayne Siegel, and Eric Siegel from LSL Advisors, and Garett Varricchio and Sayo Kamara from Cushman & Wakefield. The lease was executed on 09/07/2022.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1407 Broadway
  • Market: Times Square South

The landlord of the property is Shorenstein. The tenant, Canna Business Resources, has successfully leased the office space. The transaction was facilitated by the brokers: Daniel Lolai, Wayne Siegel, and Eric Siegel from LSL Advisors, and Garett Varricchio and Sayo Kamara from Cushman & Wakefield.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

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

Wayne Siegel
LSL Advisors
30 deals$73.4M volume
BROKER

Garett Varricchio
Cushman & Wakefield
5 deals$19.1M volume
BROKER

Sayo Kamara
6 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Daniel Lolai, Garrett Varricchio, Wayne Siegel, Eric Siegel, Sayo Kamara DATE: 09/07/2022 ADDRESS: 1407 Broadway MARKET: Times Square South ASSET TYPE: Office LANDLORD: Shorenstein TENANT: Canna Business Resources (@CannaBusinessResources) BROKERS: Daniel Lolai (@DanLolai), Wayne Siegel, Eric Siegel - LSL Advisors (@LSLAdvisors), Garett Varricchio & Sayo Kamara - Cushman & Wakefield (@CushWake) ASKING RENT: $58/ft. ~ SF: 12,850

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Deal Type
Effective Rent (Annual)

$854,402.93

Total Lease Value

$8,544,029.25

Net Landlord Cash Flow$854,402.93