Dara Khosrowshahi Of Uber Technologies Signs Lease At 3 World Trade Center With Silverstein Properties
3 World Trade Center
Building Size
351,500 SF
Asset Type
Office
Closing
Mar 17, 2025
AI
The property asset involved in the transaction is an office space located at 3 World Trade Center in New York City. The asset encompasses 351,500 square feet and is part of the competitive real estate market in New York City.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Tenant: Dara Khosrowshahi - Uber Technologies
- Landlord: Silverstein Properties
- Lease Date: 03/17/2025
The deal involves key individuals such as Dara Khosrowshahi, representing Uber Technologies as the tenant, and Silverstein Properties acting as the landlord in this transaction. This lease agreement marks a significant collaboration between a major technology company and a prominent real estate developer.
Players
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