Fanatics Leases 60,000 SF Office Space At 345 Hudson Street With Steven Rotter Of Newmark
LEASED
$45
New York
See Similar DealsOffice60,000 SF
Leased 05/09/2025
LEASED
Fanatics Leases 60,000 SF Office Space At 345 Hudson Street With Steven Rotter Of Newmark
345 Hudson Street
See Similar DealsOffice60,000 SF
Leased 05/09/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$45
Total Square Footage:60,000 SF
Transaction Type:Lease
The property involved in this transaction is located at 345 Hudson Street in the Hudson Square market. It is classified as an office asset with a lease asking rent of $45 per square foot, encompassing a total size of 60,000 square feet. The lease term is set for 3 years and operates under a Full Service Gross lease type.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $45/ft
- Lease Term: 3 years
- Lease Type: Full Service Gross
- Landlord: Hines & Trinity
- Tenant: Fanatics
- Tenant's Representative: Steven Rotter - Newmark
Key individuals involved in this transaction include Michael Rubin, Michael Hudson, and Sujohn Sarkar, who are part of the team surrounding the deal beyond the tenant's representative, Steven Rotter.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,095,247.41
Total Lease Value
$30,952,474.14
Net Landlord Cash Flow$3,095,247.41
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