Affinius Capital Signs 12-Year Lease For 24,394 SF Office Space At 277 Park Avenue
277 Park Avenue
24,394 SF
Summary
Affinius Capital, a private equity firm, will be relocating its offices to 277 Park Avenue in New York. The firm has signed a 12-year lease for the entire 39th floor, comprising 24,394 square feet, in the building owned by The Stahl Organization. This deal marks an important move for Affinius Capital in expanding its presence in the city.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $115/ft (~$2,806,610/year)
- Address: 277 Park Avenue, New York
- Tenant: Affinius Capital
- Tenant's Representative: Peter Shimkin & David Falk - Newmark
- Landlord: Stahl Organization
- Landlord's Representatives: Mark Boisi & Bryan Boisi - Cushman & Wakefield
- Lease Terms: 12-year lease
At the heart of this transaction lies Affinius Capital's decision to lease 24,394 square feet on the 39th floor of the renowned office building, 277 Park Avenue. The Stahl Organization, the landlord, facilitated the agreement, representing a strategic move for both parties involved. The lease term of 12 years indicates Affinius Capital's commitment to establishing a long-term presence in this prime location within the New York market.
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