Consulate Of Panama Signs Lease For Office Space At 250 West 54th Street

The lease transaction for an office asset at 250 West 54th Street in Midtown West has been completed. The tenant, Consulate Of Panama, has secured a brand new custom-built facility in this deal. The lease was negotiated by Samuel Moreinis from Franklin Cohen & Assoc. The landlord for this property is David Zar from Zar Property NY.

Summary of transaction details:

• Property Type: Office
• Address: 250 West 54th Street
• Market: Midtown West
• Tenant: Consulate Of Panama
• Landlord: David Zar (Zar Property NY)
• Broker: Samuel Moreinis (Franklin Cohen & Assoc)
• Asking Rent: $67/ft.
• Square Footage: 3,400

The negotiation process for this lease transaction was complex and involved extensive discussions. The deal required translation and approval from Panama. Samuel Moreinis successfully negotiated a discount for the Consulate, allowing them to secure the new facility at a lower cost compared to their previous location.

For more information about this lease deal, you can contact Samuel Moreinis at 7863766338.