The property involved in this lease transaction is an office space located at 240 West 37th Street in Midtown South, Manhattan. The asset spans approximately 6,600 square feet and is owned by Sioni Group. The tenant, VAST Data, has signed a lease agreement for a term of 5 years. The asking rent for the office space is $68 per square foot.

Summary of transation details

• Property Type: Office
• Transaction Amount: N/A
• Address: 240 West 37th Street
• Market: Midtown South, Manhattan
• Landlord: Sioni Group
• Tenant: VAST Data
• Brokers: Daniel Lolai, Raphael Zar, Eric Siegel, Joel Kubie - LSL Advisors
• Asking Rent: $68/ft
• Lease Term: 5 years

The deal was facilitated by brokers Daniel Lolai, Raphael Zar, Eric Siegel, and Joel Kubie from LSL Advisors, who acted as the representatives for both the tenant and the landlord. The lease agreement for the office space at 240 West 37th Street holds great potential for VAST Data as they embark on a 5-year occupancy in Midtown South, Manhattan.