The property asset involved in this transaction is an office space located at 31 West 52nd Street in Midtown Manhattan, encompassing a total area of 27,000 square feet. The transaction marks a move for Mudrick Capital as they reposition their NYC headquarters under a 12-year lease agreement. The current location at 527 Madison Avenue will no longer be occupied following this relocation.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Lease Term: 12 years
• Landlord: Albert Behler - Paramount Group
• Tenant: Mudrick Capital
• Landlord's Representative: Andrew Coe, David Kleiner & Frank Doyle - JLL
• Tenant's Representative: Patrick Heeg & Thomas Hines - Transwestern

This transaction is facilitated by key representatives from both sides, with Andrew Coe, David Kleiner, and Frank Doyle representing the landlord, Paramount Group, while Patrick Heeg and Thomas Hines represent the tenant, Mudrick Capital. The collaboration of these brokers played an essential role in finalizing the relocation deal for the tenant at the specified address.