McKinsey & Co Leases 186000 Square Feet At 2 World Trade Center From Silverstein Properties
2 World Trade Center, New York, NY, 1...
Building Size
186,000 SF
Asset Type
Office
Closing
May 16, 2018
AI
The property involved in this transaction is located at 2 World Trade Center, New York, NY. The total square footage is 186,000. The market for this property is New York.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 2 World Trade Center, New York, NY
- Landlord: Silverstein Properties
- Tenant: McKinsey & Co
- Landlord's Representatives: Adam Foster (CBRE), David Caperna (Brookfield), Evan Haskell (CBRE)
- Brokers: Ken Meyerson (CBRE), Mary Ann Tighe (CBRE), Jason Gorman (CBRE), Jeremy Moss (Silverstein Properties), John Nugent (JLL)
This lease represents a significant transaction facilitated by various brokers from CBRE, as well as representatives from Silverstein Properties and Brookfield, illustrating a collaborative effort among multiple agencies in the New York market.
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