Wilson Daniels Signs 10-Year Lease For 12000 Square Feet At 250 Park Avenue South

The property asset involved in this transaction is an office space located at 250 Park Avenue South in the Flatiron District. The space encompasses 12,000 square feet and has an asking rent of $75 per square foot. The lease term for this property is set for 10 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $75/ft
• Lease Term: 10 years
• Landlord: Jeffrey Feil - Feil Organization
• Tenant: Rocco Lombardo - Wilson Daniels
• Landlord's Representatives: Andrew Wiener, Robert Fisher & Henry Korzec - The Feil Organization
• Tenant's Representatives: Anthony LoPresti & Jordy Elardo - Cushman & Wakefield

This transaction marks a significant move for Wilson Daniels, a California-based luxury wine importer and marketer that has secured a long-term lease for their operations at this location.