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
About this deal
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