Octus Signs Lease For 43000 Square Feet Office Space At 295 5th Avenue, New York City

The property involved in this transaction is an office asset located at 295 5th Avenue in the New York City market. The total square footage of the property is 43,000 square feet, which is being leased. The lease date is set for March 31, 2025.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Square Feet: 43000.0
• Address: 295 5th Avenue
• Market: New York City
• Tenant: Octus
• Landlord: Tribeca Investment Group, PGIM Real Estate and Meadow Partners
• Tenant's Representative: Taylor Bell (Colliers)
• Landlord's Representatives: David Hollander (CBRE), Mary Ann Tighe (CBRE), Peter Turchin (CBRE), Brett Shannon (CBRE), Liz Lash (CBRE)
• Broker: Hayden Pascal (CBRE)

This transaction features key individuals such as Taylor Bell representing the tenant Octus, along with multiple representatives from CBRE, including David Hollander, Mary Ann Tighe, Peter Turchin, Brett Shannon, and Liz Lash, who represent the landlord consortium consisting of Tribeca Investment Group, PGIM Real Estate, and Meadow Partners. Hayden Pascal also served as the broker in this deal.