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200 Vesey St, New York, NY,...

PR Newswire Leases 33866 Square Feet From Brookfield Properties At 200 Vesey St New York
LEASEDOffice

PR Newswire Leases 33866 Square Feet From Brookfield Properties At 200 Vesey St New York

200 Vesey St, New York, NY, 10281

Building Size

33,866 SF

Asset Type

Office

Closing

Aug 21, 2018

AI

The property involved in the transaction is located at 200 Vesey St, New York, NY, 10281. It is a leased space comprising 33,866 square feet within the New York market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: PR Newswire
  • Landlord: Brookfield Properties
  • Tenant's Representatives: Don Preate, Francis (Frank) Coco (JLL)
  • Landlord's Representatives: Michael Berman, Clayton Kline (JLL)
  • Brokers: John Wheeler (JLL)

This lease transaction involved key representatives from JLL, with multiple individuals facilitating the deal, representing both the tenant and the landlord, ensuring a smooth negotiation process.

Players

John Wheeler

JLL

Broker

$38.2M

vol

11 deals

Broker
Brookfield Properties
Brookfield PropertiesBrokerage

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