Mundi Westport Group Leases Office Space In Midtown Manhattan For 12 Years

The office property located at 366 5th Avenue in Midtown Manhattan has been leased by Mundi Westport Group, a leather goods wholesaler. The 12-year lease encompasses 10,800 square feet of space at an asking rent of $58 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Joseph P. Day Realty
• Tenant: Mundi Westport Group
• Landlord's Rep: Jordy Elardo, Aidan Campbell & Michael Joseph - Colliers International
• Tenant's Rep: Brian Waterman, David Waterman & Lance Korman - Newmark
• Address: 366 5th Avenue
• Market: Midtown Manhattan
• Lease Term: 12 years

The deal was facilitated by Jordy Elardo, Aidan Campbell, and Michael Joseph representing the landlord from Colliers International, while Brian Waterman, David Waterman, and Lance Korman represented the tenant from Newmark. Mundi Westport Group will be relocating its showroom from 183 Madison Avenue to the new leased space on 366 Fifth Avenue, marking a strategic move for the leather goods wholesaler.