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
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