Time Equities Leases 55000 Square Feet At 241 37th St Brooklyn From Industry City Associates
LEASED
+ 1
New York
See Similar DealsOffice55,000 SF
LEASED
Time Equities Leases 55000 Square Feet At 241 37th St Brooklyn From Industry City Associates
241 37th St, Brooklyn, NY, 11232
See Similar DealsOffice55,000 SF
+ 1
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:55,000 SF
Transaction Type:Lease
The property asset involved in the transaction is located at 241 37th St, Brooklyn, NY, 11232, within the Brooklyn market. The total square footage of the property is 55,000 square feet.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 241 37th St, Brooklyn, NY, 11232
- Market: Brooklyn
- Tenant: Time Equities
- Landlord: Industry City Associates
- Landlord's Representatives: Joseph (Joe) Cirone - CBRE, Kelli Berke - Cushman & Wakefield
- Brokers: Matthew Barlow - Savills Studley, Bruce Mosler - Cushman & Wakefield
The deal involves key individuals and companies including the tenant, Time Equities, and the landlord, Industry City Associates, with representation by Joseph (Joe) Cirone from CBRE and Kelli Berke from Cushman & Wakefield. Brokers Matthew Barlow from Savills Studley and Bruce Mosler from Cushman & Wakefield facilitated the transaction.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,152,566.81
Total Lease Value
$31,525,668.11
Net Landlord Cash Flow$3,152,566.81
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