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VTS Signs 6-Year Sublease For 34,325 SF Office Space At 3 Bryant Park In Manhattan

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LEASED
Sacha Zarba
James (Jim) Wenk
+ 3

New York

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Office34,325 SF
Leased 07/18/2023
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Property Image
LEASED

VTS Signs 6-Year Sublease For 34,325 SF Office Space At 3 Bryant Park In Manhattan

3 Bryant Park New York, New York 10036, USA

See Similar Deals
Office34,325 SF
Leased 07/18/2023
Sacha Zarba
James (Jim) Wenk
+ 3
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:34,325 SF
Transaction Type:Lease

A tenant, VTS, has signed a six-year sublease for a 34,325-square-foot office space at 3 Bryant Park in Manhattan. The deal was facilitated by brokers from Savills, Transwestern, JLL, and CBRE. Savills' Jim Wenk, Transwestern's Patrick Heeg, and JLL's Sam Seiler represented the tenant, while CBRE's Sacha Zarba, James Ackerson, and Alice Fair represented the sublandlord, Salesforce.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Square Footage: 34,325 SF
  • Address: 3 Bryant Park, Manhattan
  • Market: Manhattan

The lease agreement involves VTS, a tenant, leasing a 34,325-square-foot office space at 3 Bryant Park in Manhattan. Savills' Jim Wenk, Transwestern's Patrick Heeg, and JLL's Sam Seiler acted as the tenant's representatives in the deal. On the other hand, CBRE's Sacha Zarba, James Ackerson, and Alice Fair represented the sublandlord, Salesforce.

Players

Sam Seiler
6 deals$270M volume
BROKER

James Ackerson
CBRE
8 deals
BROKER





LANDLORD

Details

LEASED
IMAGE: Sacha Zarba, Alice Fair, James Ackerson, Patrick Heeg, Jim Wenk & Sam Seiler DATE: 07/18/2023 ADDRESS: 3 Bryant Park MARKET: Manhattan ASSET TYPE: Office ~ SF: 34,325 LANDLORD: Salesforce TENANT: VTS LANDLORD'S REP: Sacha Zarba (@BrooklynZarba), James Ackerson & Alice Fair - CBRE TENANT'S REP: Jim Wenk - Savills; Patrick Heeg - Transwestern & Sam Seiler - JLL LEASE TERM: 6 years LEASE TYPE: Sublease NOTE: VTS, a tenant, has signed a six-year lease for a 34,325-square-foot office space at 3 Bryant Park in Manhattan. The deal was facilitated by brokers from Savills, Transwestern, JLL, and CBRE, with Savills' Jim Wenk, Transwestern's Patrick Heeg, and JLL's Sam Seiler representing the tenant, and CBRE's Sacha Zarba, James Ackerson, and Alice Fair representing the sublandlord, Salesforce.

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Deal Type
Effective Rent (Annual)

$1,967,488.29

Total Lease Value

$19,674,882.87

Net Landlord Cash Flow$1,967,488.29