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Kensington Vanguard National Land Services Leases 13,394 SF Office Space At 41 Madison Avenue
LEASED
New York
See Similar DealsOffice13,394 SF
Leased 11/02/2023
Summary
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:13,394 SF
Transaction Type:Lease
Robert Steinman of Rudin has secured a 10-year lease with Kensington Vanguard National Land Services for the entire 21st floor of 41 Madison Avenue, a Class A office tower located in Manhattan's Gramercy Park submarket. The lease encompasses 13,394 square feet of space.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: Not applicable
- Address: 41 Madison Avenue
- Market: Gramercy Park, Manhattan
- Landlord: Robert Steinman - Rudin
- Tenant: Kensington Vanguard National Land Services
- Brokers: Brett Harvey & Howard Hersch - JLL
Kensington Vanguard National Land Services, a subsidiary of Truist Bank, will occupy the 13,394-square-foot space on the 21st floor of 41 Madison Avenue. The lease agreement was facilitated by brokers Brett Harvey and Howard Hersch from JLL.
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BROKERAGE
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$767,736.00
Total Lease Value
$7,677,359.97
Net Landlord Cash Flow$767,736.00
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