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285 Fulton Street

LMAX Group Signs 7.5-Year Lease Expanding To 10,847 Square Feet At One World Trade Center
LEASEDOffice

LMAX Group Signs 7.5-Year Lease Expanding To 10,847 Square Feet At One World Trade Center

285 Fulton Street

Building Size

10,847 SF

Asset Type

Office

Closing

Sep 10, 2025

AI

The property asset involved in this transaction is an office space located at 285 Fulton Street in the Financial District, encompassing 10,847 square feet. This lease transaction reflects an expansion for the tenant at their current location, further solidifying their presence in the area.

Summary of transaction details:

This lease agreement signifies LMAX Group's commitment to the U.S. market and their intended growth within the global finance landscape, increasing their leased space from 7,945 square feet to 10,847 square feet at One World Trade Center.

Players

Hal D. Stein

Newmark

Broker

12 deals

Broker
David Falk
Verified Badge

David Falk

Newmark

Broker

61 deals

Broker
CBRE
CBREBrokerage
Newmark
NewmarkBrokerage
Durst Organization
Durst OrganizationLandlord

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93