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Gresham Investment Management Relocates To 19 Union Square West Office Space

Property Image
LEASED
$80
James Caseley
Ben Waller
+ 1

New York

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Office9,233 SF
Leased 06/10/2024
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Property Image
LEASED

Gresham Investment Management Relocates To 19 Union Square West Office Space

19 Union Square West

See Similar Deals
Office9,233 SF
Leased 06/10/2024
James Caseley
Ben Waller
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$80
Total Square Footage:9,233 SF
Transaction Type:Lease

19 Union Square West, located in Union Square, Manhattan, is the site of a recent lease transaction. The office space comprises 9,233 square feet on the 11th floor, with an asking rent of $80.93 per square foot. The landlord, Walford Company, facilitated the deal, with representation from Ben Waller & James Caseley of ABS Partners Real Estate for the landlord, and Chris Joyner of Fischer & Company & Scott Vinett of JLL for the tenant.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 19 Union Square West
  • Market: Union Square, Manhattan
  • Landlord: Walford Company
  • Landlord's Rep: Ben Waller & James Caseley - ABS Partners Real Estate
  • Tenant's Rep: Chris Joyner - Fischer & Company & Scott Vinett - JLL
  • Asking Rent: $80.93/ft
  • SF: 9,233

Gresham Investment Management, a Nuveen Investments subsidiary, has secured the lease for the 9,233 square feet of office space at 19 Union Square West. The location, positioned in the vibrant and commuter-friendly area of Union Square, offers elevated office spaces. The negotiation for this lease was carried out amidst a Midtown South office market that, on average, was priced at $80.93 per square foot in the first quarter of 2024.

Players

Ben Waller
13 deals
BROKER

James Caseley
ABS Partners Real Estate
7 deals
BROKER

Scott Vinett
JLL
7 deals
BROKER

Chris Joyner
Fischer & Company
1 deal(972) 980-7100
BROKER

Details

LEASED
IMAGE: Ben Waller, James Caseley, Chris Joyner & Scott Vinett DATE: 06/10/2024 ADDRESS: 19 Union Square West MARKET: Union Square, Manhattan ASSET TYPE: Office LANDLORD: Walford Company LANDLORD'S REP: Ben Waller & James Caseley - ABS Partners Real Estate (@ABS_Partners) TENANT'S REP: Chris Joyner - Fischer & Company & Scott Vinett (@Scott_Vinett) - JLL (@JLL) ASKING RENT: $80.93/ft ~ SF: 9,233 NOTE: Gresham Investment Management, a Nuveen Investments subsidiary, is relocating to 19 Union Square West, securing 9,233 square feet on the 11th floor. The move offers elevated office space in a vibrant, commuter-friendly location, negotiated by ABS Real Estate for the landlord, Walford Company, amidst a Midtown South office market averaging $80.93 per square foot in Q1 2024

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Deal Type
Effective Rent (Annual)

$856,611.66

Total Lease Value

$8,566,116.59

Net Landlord Cash Flow$856,611.66