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2 World Trade Center, New Y...

Silverstein Properties Leases 69000 Square Feet At 2 World Trade Center With Christopher Hogan As Tenant's Rep
LEASEDOffice

Silverstein Properties Leases 69000 Square Feet At 2 World Trade Center With Christopher Hogan As Tenant's Rep

2 World Trade Center, New York, NY, 1...

Building Size

69,000 SF

Asset Type

Office

Closing

May 31, 2016

AI

The lease is for a property located at 2 World Trade Center, New York, NY. The total square footage of the leased space is 69,000 square feet. This transaction takes place within the New York market, facilitated by Silverstein Properties as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 2 World Trade Center, New York, NY
  • Market: New York
  • Square Feet: 69,000
  • Landlord: Silverstein Properties
  • Tenant's Representative: Christopher Hogan-CBRE

Christopher Hogan from CBRE represents the tenant in this lease transaction, coordinating the deal on behalf of the tenant while ensuring all necessary arrangements and negotiations are effectively managed.

Players

Christopher Hogan

CBRE

Broker

7 deals

Broker
Silverstein Properties
Silverstein PropertiesLandlord

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93