WeWork Leases 362197 Square Feet At 437 Madison Ave New York From William Kaufman Organization
LEASED
New York
See Similar DealsOffice362,197 SF
Leased 09/27/2016
LEASED
WeWork Leases 362197 Square Feet At 437 Madison Ave New York From William Kaufman Organization
437 Madison Ave, New York, NY, 10022
See Similar DealsOffice362,197 SF
Leased 09/27/2016
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:362,197 SF
Transaction Type:Lease
The property asset involved in this transaction is located at 437 Madison Ave, New York, NY, 10022. It encompasses a total of 362,197 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 437 Madison Ave, New York, NY, 10022
- Square Feet: 362,197
- Landlord: William Kaufman Organization
- Tenant: WeWork
- Landlord's Rep: Harlan Webster-JLL, Hayley Schoener
- Broker: Howard Hersch-JLL
The key individuals and companies involved in the transaction include Harlan Webster and Hayley Schoener representing the landlord, William Kaufman Organization, while Howard Hersch represents the tenant, WeWork. Their roles were crucial in facilitating the lease agreement.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$20,760,913.47
Total Lease Value
$207,609,134.75
Net Landlord Cash Flow$20,760,913.47
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