Gilbane Leases 25,261 Sq Ft Office Space At 1411 Broadway With Landlords La Caisse And The Swig Company

The property asset involved in this transaction is an office space located at 1411 Broadway in Manhattan. The asking rent for this property was $75 per square foot, and the total area covers 25,261 square feet on the 28th floor. The building is co-owned by La Caisse and The Swig Company.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $75/ft
• Address: 1411 Broadway
• Market: Manhattan
• Landlord: Charles Émond - La Caisse & Connor Kidd - The Swig Company
• Tenant: Edward T. Broderick - Gilbane
• Landlord's Rep: Paul Amrich, Neil King & Shay Kenney - CBRE
• Tenant's Rep: Dirk Hrobsky, Chris Helgesen, Jared Thal, Brooke Dean, Rachel Park, Alejandro Alvarez & John Albal - Cushman & Wakefield
• Square Footage: 25,261

Edward T. Broderick represented Gilbane in the transaction, as the company relocates its New York City headquarters from 88 Pine Street to the new office space. The transaction was facilitated by both the landlord and tenant representatives, with Paul Amrich, Neil King, and Shay Kenney from CBRE acting for the landlords, while Cushman & Wakefield's team, including Dirk Hrobsky and Chris Helgesen, represented the tenant.