Real IQ Leases Office Space At 253 Fifth Avenue In NoMad

The property asset involved in this transaction is an office located at 253 Fifth Avenue in the NoMad market. The asset is being leased for an asking rent of $42 per square foot, totaling a space of 3,250 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $42/ft
• Address: 253 Fifth Avenue
• Market: NoMad
• Tenant: Real IQ
• Landlord: Gatsby Realty
• Landlord's Representative: Chris Okada & Hiro Iwata - Okada & Co.
• Square Footage: 3,250

The key individuals involved in this lease include the tenant Real IQ, the landlord Gatsby Realty, and the landlord's representatives Chris Okada and Hiro Iwata from Okada & Co. According to a note from Chris Okada, the leasing progress is notably pushing toward achieving full occupancy in the building, highlighting a positive trend in various real estate sectors in New York City.