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Blue Owl Capital Leases Office Space At 375 Park Avenue In New York With Landlord's Rep RFR Holding - AJ Camhi

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LEASED
Paul Glickman
Cynthia Wasserberger
+ 4

New York

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Office137,660 SF
Leased 09/14/2022
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Property Image
LEASED

Blue Owl Capital Leases Office Space At 375 Park Avenue In New York With Landlord's Rep RFR Holding - AJ Camhi

375 Park Ave, New York City, New York 10022, United States

See Similar Deals
Office137,660 SF
Leased 09/14/2022
Paul Glickman
Cynthia Wasserberger
+ 4
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:137,660 SF
Transaction Type:Lease

Blue Owl Capital, represented by Mark Weiss of Cushman & Wakefield, has signed a lease for office space located at 375 Park Avenue in New York. The landlord, RFR Holding, was represented by a team from JLL including Paul Milunec, Peter Riguardi, Paul Glickman, Cynthia Wasserberger, and Ben Bass. The lease transaction was completed on September 14, 2022. The office space spans approximately 137,660 square feet, with an asking rent of $200 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 375 Park Avenue, New York
  • Market: New York

The lease agreement was signed between Blue Owl Capital, represented by Mark Weiss, and RFR Holding, represented by Paul Milunec, Peter Riguardi, Paul Glickman, Cynthia Wasserberger, and Ben Bass. This transaction highlights the collaboration between two prominent firms in securing office space in New York City.

Players

Mark Weiss
16 deals$264.6M volume
BROKER

Peter Riguardi
JLL
17 deals$38.2M volume
BROKER

Benjamin Bass
JLL
27 deals$770M volume(212) 812-6026
BROKER

Paul Milunec
RFR
12 deals
BROKER

Paul Glickman
JLL
27 deals
BROKER

Cynthia Wasserberger
JLL
13 deals
BROKER

Blue Owl
LENDER

RFR
LANDLORD

Marc Lipschultz
4 deals$7.4B volume
TENANT

Details

LEASED
IMAGE: Paul Milunec, Paul Glickman, Peter Riguardi, Ben Bass, Marc Lipschultz, Cynthia Wasserberger & Mark Weiss DATE: 09/14/2022 ADDRESS: 375 Park Avenue MARKET: New York ASSET TYPE: Office LANDLORD: RFR Holding (@RFRRealty) - AJ Camhi (@AfelixCam) TENANT: Blue Owl Capital - Marc Lipschultz (@MLipschultz) TENANT'S REP: Mark Weiss - Cushman & Wakefield (@CushWake) LANDLORD'S REP: Paul Milunec (@Paul.Milunec), Peter Riguardi, Paul Glickman, Cynthia Wasserberger & Ben Bass - JLL (@JLL) ASKING RENT: $200/ft. ~ SF: 137,660

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Deal Type
Effective Rent (Annual)

$7,890,588.13

Total Lease Value

$78,905,881.30

Net Landlord Cash Flow$7,890,588.13