Basis Investment Group Relocates Headquarters To 180 Maiden Lane In NYC's Financial District
180 Maiden Ln, New York, NY 10038
$65
$65/SF
Building Size
10,091 SF
Asset Type
Office
Closing
Jun 27, 2023
AI
The Basis Investment Group (BIG) has secured a 10,091-square-foot space on the 32nd floor of the 41-story office tower located at 180 Maiden Lane in New York City's Financial District. The lease transaction was facilitated by Shawna Menifee from Integrative Partners, who represented the tenant. The asking rent for the space was $65 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 180 Maiden Lane
- Market: New York City
The landlord of the property is Clarion Partners, LaSalle Investment Management, and Banyan Street Capital, represented by Tara Stacom, Justin Royce, Frank Cento, and Connor Daugstrup from Cushman & Wakefield, as well as Jesse Rubens from JLR Realty. The tenant, Basis Investment Group, was represented by Shawna Menifee from Integrative Partners. The move to 180 Maiden Lane represents BIG's headquarters relocation within the Financial District.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93