Trey Holterman Of Tennr Leases 124,733 Square Feet At 345 Hudson Street In Manhattan
345 Hudson Street
Building Size
124,733 SF
Asset Type
Office
Closing
May 1, 2026
AI
The property asset involved in this transaction is an office located at 345 Hudson Street in Manhattan, with a total square footage of 124,733. The lease was signed by the tenant Trey Holterman from Tennr. The asset is owned by landlord Sujohn Sarkar from Hudson Square Properties.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 345 Hudson Street
- Market: Manhattan
- Landlord: Sujohn Sarkar - Hudson Square Properties
- Tenant: Trey Holterman - Tennr
- Brokers: Benjamin Joseph, Zachary Price, Paul Amrich & Howard Fiddle - CBRE
This transaction features representation by multiple brokers from CBRE, namely Benjamin Joseph, Zachary Price, Paul Amrich, and Howard Fiddle. The lease marks a likely relocation for the tenant from its previous office in Chelsea.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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