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American Express Secures Sublease For 33,000 SF Office Space In Manhattan

Property Image
LEASED
Andrew Coe
Nicholas (Nick) Farmakis
+ 3

New York

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Office33,000 SF
Leased 01/23/2024
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Property Image
LEASED

American Express Secures Sublease For 33,000 SF Office Space In Manhattan

200 Vesey Street

See Similar Deals
Office33,000 SF
Leased 01/23/2024
Andrew Coe
Nicholas (Nick) Farmakis
+ 3
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:33,000 SF
Transaction Type:Lease

Located at 200 Vesey Street in Manhattan, a transaction involving a 33,000 square foot office space has taken place. The sublease was secured by American Express, with Cision serving as the sublandlord in this deal.

Summary of transaction details:

The key individuals involved in this transaction were Andrew Coe, Edward DiTolla, Lisa Kiell, and Michael Shenot representing American Express in the deal. On the other side, Kate Walker and Nicholas (Nick) Farmakis represented Cision in their capacity as the landlord. This successful sublease deal between American Express and Cision marks a significant transaction in the Manhattan office space market.

Players

Andrew Coe
18 deals$500M volume
BROKER

Lisa Kiell
JLL
5 deals
BROKER





TENANT

Details

LEASED
IMAGE: Andrew Coe, Edward DiTolla, Nicholas Farmakis, Lisa Kiell & Michael Shenot DATE: 01/23/2024 ADDRESS: 200 Vesey Street MARKET: Manhattan ASSET TYPE: Office ~ SF: 33,000 LANDLORD: Cision TENANT: American Express LANDLORD'S REP: Kate Walker & Nicholas (Nick) Farmakis - Savills TENANT'S REP: Andrew Coe, Edward DiTolla, Lisa Kiell & Michael Shenot - JLL LEASE TYPE: Sublease NOTE: American Express has secured a sublease for 33,000 square feet of office space at 200 Vesey St. in Manhattan, with Cision acting as the sublandlord. JLL's Andrew Coe, Lisa Kiell, Michael Shenot, and Edward DiTolla represented American Express, while Savills' Nick Farmakis and Kate Walker represented Cision in the deal.

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Deal Type
Effective Rent (Annual)

$1,891,540.09

Total Lease Value

$18,915,400.86

Net Landlord Cash Flow$1,891,540.09