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Jamie Hodari Of Cushman & Wakefield Leases 23,000 Square Feet Office At 386 Park Avenue South
LEASED
New York
See Similar DealsOffice23,000 SF
Leased 02/24/2026
LEASED
Jamie Hodari Of Cushman & Wakefield Leases 23,000 Square Feet Office At 386 Park Avenue South
386 Park Avenue South
See Similar DealsOffice23,000 SF
Leased 02/24/2026
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:23,000 SF
Transaction Type:Lease
The property asset involved in this transaction is an office space located at 386 Park Avenue South in Manhattan, featuring a total square footage of 23,000. The lease was signed for the entire 18th and 19th floors.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 386 Park Avenue South
- Market: Manhattan
- Square Footage: 23,000
- Landlord: HSR Corporation
- Tenant: Jamie Hodari - Industrious
- Landlord's Representative: Eric Cagner - Newmark
- Tenant's Representative: Ed Wartels - Cushman & Wakefield
This lease agreement marks the 35th New York City location for Industrious, which will accommodate approximately 160 workers. The deal follows CBRE's recent acquisition of the firm for $400 million.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,318,346.12
Total Lease Value
$13,183,461.21
Net Landlord Cash Flow$1,318,346.12
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