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Ciarán McGuigan Of The Malin Signs 10-Year Lease At 270 7th Avenue Chelsea With TF Cornerstone
LEASED
New York
See Similar DealsOffice19,833 SF
Leased 05/20/2025
LEASED
Ciarán McGuigan Of The Malin Signs 10-Year Lease At 270 7th Avenue Chelsea With TF Cornerstone
270 7th Avenue
See Similar DealsOffice19,833 SF
Leased 05/20/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:19,833 SF
Transaction Type:Lease
The property involved in this transaction is an office asset located at 270 7th Avenue in Chelsea, Manhattan. The space comprises 19,833 square feet and will be utilized for a co-working operation.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Specified
- Address: 270 7th Avenue
- Market: Chelsea, Manhattan
- Square Footage: 19,833
- Landlord: Thomas Elghanayan - TF Cornerstone
- Tenant: Ciarán McGuigan - The Malin
- Lease Term: 10 years
This transaction involves Thomas Elghanayan representing TF Cornerstone as the landlord and Ciarán McGuigan representing The Malin as the tenant. The Malin will establish a new location at this address, expected to open in the fall.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,136,815.59
Total Lease Value
$11,368,155.92
Net Landlord Cash Flow$1,136,815.59
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