KCG Holdings Leases 169000 Square Feet At 300 Vesey St New York From Brookfield Properties
300 Vesey St, New York, NY, 10282
Building Size
169,000 SF
Asset Type
Office
Closing
Aug 11, 2015
AI
The property involved in this lease transaction is located at 300 Vesey St, New York, NY, 10282, within the New York market. The lease encompasses a total of 169,000 square feet and is occupied by KCG Holdings. The landlord for this property is Brookfield Properties, represented by Derek Trulson from JLL.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 300 Vesey St, New York, NY, 10282
- Market: New York
- Square Feet: 169,000
- Landlord: Brookfield Properties
- Tenant: KCG Holdings
- Landlord's Representative: Derek Trulson (JLL)
This lease transaction highlights the collaboration between KCG Holdings, the tenant, and Brookfield Properties, the landlord. Derek Trulson, representing the landlord, facilitated this agreement, showcasing the active interest in securing substantial space in New York's commercial market.
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