Accrete Expands Headquarters With 10-Year Lease For 13,757 Square Feet At 17 State Street

The property asset involved in the transaction is located at 17 State Street in the Financial District. It is an office type leased for a term of 10 years. The asking rent is set at $72 per square foot, with a lease covering 13,757 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $72/ft
• Address: 17 State Street
• Market: Financial District
• Landlord: Michael Fuchs & Aby Rosen - RFR Holding
• Tenant: Prashant Bhuyan - Accrete
• Landlord's Rep: AJ Camhi & Ryan Silverman - RFR Realty
• Tenant's Rep: Matthew DeRose & William Janetschek - Nomad Group
• Lease Term: 10-year lease

Accrete has signed a lease agreement that expands its headquarters in New York. This transaction was facilitated by the representations of AJ Camhi and Ryan Silverman on behalf of the landlord, while Matthew DeRose and William Janetschek represented the tenant in the deal.