Keeco Leases 26170 Square Feet At 386 5th Ave New York With Hilson Management Corp As Landlord

The property involved in this transaction is a 26,170-square-foot office space located at 386 5th Ave, New York, NY, 10018. It is situated in the New York market and is leased at an asking rent of approximately $50 per square foot.

Summary of transaction details:

• Property Type: Office Lease
• Transaction Amount: Not disclosed
• Tenant: Keeco
• Landlord: Hilson Management Corp
• Tenant's Representative: Evan Margolin-JLL
• Landlord's Representatives: Jeffrey Buslik-Adams & Co., Jay Dispalto-Adams & Co., Jeff Buslik

The tenant, Keeco, is a home textile supplier relocating from its previous location at 295 Park Avenue. The lease negotiations involved Adams & Co., which represented Hilson Management Corp., while Evan Margolin from JLL represented Keeco. This transaction took place during the first quarter of 2021.