The asset involved in the transaction is an office space located at 35-01 36th Avenue in Astoria, Queens. The property features an overall size of 8,041 square feet and is part of a larger 53,748-square-foot office and retail building known as Astoria Pointe, which is set to open in the second quarter of 2025.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 35-01 36th Avenue
• Market: Astoria, Queens
• ASSET SIZE: 8,041 SF
• Landlord: Laurence Gluck - Stellar Management
• Tenant: International Workplace Group (IWG)
• Brokers: Joshua Branham, Mitchell Arkin & John Peters - Cushman & Wakefield
• Asking rents: $45 to $50 per square foot

Cushman & Wakefield facilitated the lease transaction for International Workplace Group (IWG), allowing them to pre-lease the office space at Astoria Pointe, enhancing the property’s tenant roster prior to its opening.