The lease closure at 15 West 39th Street in Midtown South, Manhattan marks another successful transaction in the commercial real estate market. The Class B Office space, spanning 5,200 square feet, has been leased by Coco Marketing. The property, owned by the Cheng Family, is now 93% leased, with an asking rent of $33 per square foot.

Summary of transaction details

• Property Type: Office
• Address: 15 West 39th Street, New York, NY
• Tenant: Coco Marketing
• Landlord: Cheng Family
• Asking Rent: $33/ft
• Square Footage: 5,200

Thomas Capuano and Christopher Okada of Okada & Company represented the landlord in this lease deal, while Wayne Siegel and Daniel Lolai of LSL Advisors served as the tenant's representatives. This marks the 83rd transaction of the year and adds to the total of 479,538 square feet of office space leased since 2021.