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Peter Hennessy Of Savills Represents Tenant In 125000 Sq Ft Office Lease In New York

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LEASED

New York

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Office125,000 SF
Leased 05/09/2016
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Property Image
LEASED

Peter Hennessy Of Savills Represents Tenant In 125000 Sq Ft Office Lease In New York

162 5th Ave, New York, NY, 10010

See Similar Deals
Office125,000 SF
Leased 05/09/2016
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:125,000 SF
Transaction Type:Lease

The office property located at 162 5th Ave, New York, NY, 10010, in the market of New York, encompasses a total of 125,000 square feet. The lease transaction for this asset was finalized on 05/09/2016. The tenant's representative in this deal was Peter Hennessy from Savills, while the landlord involved was ABS Partners Real Estate.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not Available
  • Tenant's Rep: Peter Hennessy (Savills)
  • Landlord: ABS Partners Real Estate
  • Address: 162 5th Ave, New York, NY, 10010
  • Market: New York
  • Square Feet: 125,000

The lease agreement for this office property was brokered by Peter Hennessy from Savills, representing the tenant in the transaction. ABS Partners Real Estate, the landlord in this deal, facilitated the lease of the 125,000 square feet space located at 162 5th Ave, New York, NY, 10010. Notable negotiation skills were demonstrated by both parties to solidify this lease agreement.

Players

Peter Hennessy
3 deals(212) 326-1091
BROKER

ABS Real Estate Partners
LANDLORD

Details

LEASED
IMAGE: 05/09/2016 ADDRESS: 162 5th Ave, New York, NY, 10010 MARKET: New York ASSET TYPE: Office TENANT'S REP: Peter Hennessy(Savills) LANDLORD: ABS Partners Real Estate SQUARE FEET: 125000

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Deal Type
Effective Rent (Annual)

$7,164,924.57

Total Lease Value

$71,649,245.70

Net Landlord Cash Flow$7,164,924.57