An office space located at 240 West 37th Street in Midtown West has been leased. The property, spanning 7,300 square feet, was leased by Deeptech Inc. from landlord Sioni Group. The lease transaction was facilitated by brokers Joshua Berg from Newmark Knight Frank, and Daniel Lolai, Eric Siegel, and Joel Kubie from LSL Advisors. The lease was secured at an asking rent of $49 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not specified
• Date: 08/04/2021
• Address: 240 West 37th Street
• Market: Midtown West

The lease deal involved Deeptech Inc. as the tenant and Sioni Group as the landlord. The transaction was successfully negotiated with the assistance of Joshua Berg from Newmark Knight Frank and Daniel Lolai, Eric Siegel, and Joel Kubie from LSL Advisors.