GH Furnishings Leases Office Space At 390 5th Avenue In Midtown Manhattan

390 5th Avenue, located in Midtown, has recently completed a lease for its 3rd floor office space. The property, a spacious office asset, spans approximately 15,650 square feet. The deal was finalized on 07/05/2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: N/A
• Market: Midtown
• Tenant: GH Furnishings
• Landlord: Hilson Management Corp - Jason Schwalbe
• Tenant's Representative: Albert Sultan - assin_Sabbagh_Realty
• Landlord's Representative: Jeff Buslik - Adams & Co
• Asking Rent: $47/ft.

The tenant, GH Furnishings, has secured the lease for the space. They were represented by Albert Sultan of assin_Sabbagh_Realty. On the other side of the deal, the landlord's representative was Jeff Buslik from Adams & Co. The lease was finalized at an asking rent of $47 per square foot.

Notably, the landlord, Hilson Management Corp, expressed their satisfaction with the deal, stating that 390 5th Avenue is now the go-to destination for all home furnishing tenants.