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300 Vesey St, New York, NY,...

KCG Holdings Leases 169000 Square Feet At 300 Vesey St New York From Brookfield Properties
LEASEDOffice

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

Derek Trulson

JLL

Broker

4 deals

Broker
Brookfield Properties
Brookfield PropertiesBrokerage

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