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SoundCloud Signs Sublease For 23,000 SF Office Space In Meatpacking District
LEASED
New York
See Similar DealsOffice23,000 SF
Leased 11/30/2023
LEASED
SoundCloud Signs Sublease For 23,000 SF Office Space In Meatpacking District
2 Gansevoort Street
See Similar DealsOffice23,000 SF
Leased 11/30/2023
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$75
Total Square Footage:23,000 SF
Transaction Type:Lease
Kobalt Music Group has leased out office space at 2 Gansevoort Street in the Meatpacking District. The space measures 23,000 square feet and is being subleased to tenants SoundCloud. The asking rent for the lease is $75 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned
- Address: 2 Gansevoort Street
- Market: Meatpacking District
Savills brokers James Wenk, Kirill Azovtsev, and Peter Hennessy represented Kobalt Music Group in the deal.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,977,519.18
Total Lease Value
$19,775,191.81
Net Landlord Cash Flow$1,977,519.18
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