Shiseido Americas Corporation Signs Lease At 390 Madison Ave New York With NY Common Retirement Fund
LEASED
$100
New York
See Similar DealsOffice225,818 SF
Leased 12/12/2017
LEASED
Shiseido Americas Corporation Signs Lease At 390 Madison Ave New York With NY Common Retirement Fund
390 Madison Ave, New York, NY, 10017
See Similar DealsOffice225,818 SF
Leased 12/12/2017
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$100
Total Square Footage:225,818 SF
Transaction Type:Lease
The property involved in this transaction is located at 390 Madison Ave, New York, NY, 10017. The lease agreement pertains to 225,818 square feet of space within the New York market, with a rental rate of $100 per square foot.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 390 Madison Ave, New York, NY, 10017
- Market: New York
- Tenant: Shiseido Americas Corporation
- Landlord: New York State Common Retirement Fund
- Tenant's Representatives: Lauren Crowley Corrinet, Brian Ertel - CBRE
This transaction involves key representatives from CBRE, with Lauren Crowley Corrinet and Brian Ertel acting on behalf of the tenant, Shiseido Americas Corporation, in negotiations with the landlord, the New York State Common Retirement Fund.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$25,887,502.98
Total Lease Value
$258,875,029.84
Net Landlord Cash Flow$25,887,502.98
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