Sioni Group Leases Office Space To LSTA At 366 Madison Avenue For $87 Per Square Foot

The property asset involved in this transaction is an office space located at 366 Madison Avenue in Midtown Manhattan. The asset encompasses a total area of 7,150 square feet with an asking rent of $87 per square foot. The lease term is set for 10 years under a modified gross lease arrangement.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $87/ft
• Address: 366 Madison Avenue
• Market: Midtown Manhattan
• Lease Term: 10 Years
• Lease Type: Modified Gross Lease
• Landlord: Sioni Group
• Tenant: LSTA
• Landlord's Representative: Daniel Lolai, David Lolai & Raphael Zar - LSL Advisors
• Tenant's Representative: Gregg Cohen & Nicholas Markel - Cresa

Key individuals involved in this transaction include Daniel Lolai, David Lolai, and Raphael Zar representing the landlord, Sioni Group, through LSL Advisors. Moreover, Gregg Cohen and Nicholas Markel serve as the representatives for the tenant, LSTA, affiliated with Cresa.