Knobbe Martens Signs Sublease For 27375 Square Feet At 1745 Broadway In Midtown Manhattan

The property involved in the transaction is an office asset located at 1745 Broadway in Midtown Manhattan. The lease is a sublease agreement with an asking rent of $49 per square foot for a total area of 27,375 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $49/ft
• Address: 1745 Broadway
• Market: Midtown Manhattan
• Landlord: Andrew Schlossberg - Invesco Real Estate (IVZ)
• Sub-Landlord: Penguin Random House
• Tenant: Steven Nataupsky - Knobbe Martens
• Sub-Landlord's Rep: Adam Ardise, Lei-Lani Keelan, Richard Bernstein, Stephen Bellwood & Troy Elias - Cushman & Wakefield
• Tenant's Rep: David Berke & Scott Gutnick - Newmark
• Square Footage: 27,375
• Lease Type: Sublease

This transaction features key representatives from both sides, with Andrew Schlossberg representing the landlord, Invesco Real Estate, and Steven Nataupsky acting on behalf of the tenant, Knobbe Martens. The sub-landlord, Penguin Random House, is assisted by representatives from Cushman & Wakefield, while the tenant is represented by professionals from Newmark.