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SHoP Architects Signs 15-Year Lease Renewal For 56000 SF At 233 Broadway With Rubin Schron
LEASED
New York
See Similar DealsOffice56,000 SF
Leased
LEASED
SHoP Architects Signs 15-Year Lease Renewal For 56000 SF At 233 Broadway With Rubin Schron
233 Broadway
See Similar DealsOffice56,000 SF
Leased
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:56000 SF
Transaction Type:Lease
The asset involved in the transaction is office space located at 233 Broadway in the Lower Manhattan market. The total space leased by SHoP Architects amounts to 56,000 square feet. This deal pertains to a lease renewal and expansion at the Woolworth Building.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 233 Broadway
- Market: Lower Manhattan
- Landlord: Rubin Schron - Cammeby’s International Group
- Tenant: SHoP Architects
- Broker: Brian Siegel - The Lawrence Group
- Lease Term: 15-year lease
SHoP Architects has been headquartered at the Woolworth Building since 2013. The recent lease renewal and expansion underscores their ongoing commitment to this location, with Brian Siegel representing the interests of the landlord, Rubin Schron.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,209,886.21
Total Lease Value
$32,098,862.07
Net Landlord Cash Flow$3,209,886.21
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