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Krentsel Guzman Herbert, LLP Leases 10,000 SF Office Space At 40 Wall Street, Financial District, Manhattan

Property Image
LEASED
$52
Daniel Lolai
Wayne Siegel
+ 2

New York

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Office10,000 SF
Leased 08/21/2023
the dealplayerscompscontact
Property Image
LEASED

Krentsel Guzman Herbert, LLP Leases 10,000 SF Office Space At 40 Wall Street, Financial District, Manhattan

40 Wall St, New York, NY 10005, USA

See Similar Deals
Office10,000 SF
Leased 08/21/2023
Daniel Lolai
Wayne Siegel
+ 2
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$52
Total Square Footage:10,000 SF
Transaction Type:Lease

The Trump Organization has leased an office space located at 40 Wall Street in the Financial District of Manhattan. The property is an office asset with a total square footage of 10,000 square feet. The lease term is set for 12 years, and the asking rent is $52 per square foot.

Summary of transaction details

Krentsel Guzman Herbert, LLP has signed the lease agreement with The Trump Organization for the office space at 40 Wall Street. The Trump Organization's representative in the deal is Eric Trump. On the other side, Krentsel Guzman Herbert, LLP is represented by Daniel Lolai, Wayne Siegel, Eric Siegel, and Brian Siegel from LSL Advisors.

Players

Daniel Lolai
91 deals$211.9M volume
BROKER

Eric Siegel
LSL Advisors
56 deals$96M volume(732) 615-8506
BROKER

Wayne Siegel
LSL Advisors
30 deals$73.4M volume
BROKER


Eric Trump
2 deals
BROKER

Trump Organization
LANDLORD

Details

LEASED
IMAGE: Daniel Lolai, Eric Siegel, Wayne Siegel, Eric Trump, Brian Siegel & Myles Fennon DATE: 08/21/2023 ADDRESS: 40 Wall Street MARKET: Financial District, Manhattan ASSET TYPE: Office LANDLORD: The Trump Organization (@Trump) TENANT: Krentsel Guzman Herbert, LLP (@KGLawTeam) LANDLORD'S REP: Eric Trump (@EricTrump) - The Trump Organization TENANT'S REP: Daniel Lolai (@DanLolai), Wayne Siegel, Eric Siegel & Brian Siegel - LSL Advisors (@LSLAdvisors) ASKING RENT: $52/ft ~ SF: 10,000 LEASE TERM: 12 years

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Deal Type
Effective Rent (Annual)

$596,121.72

Total Lease Value

$5,961,217.24

Net Landlord Cash Flow$596,121.72