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Cabin Editing Company Signs 10-Year Lease At 446 Broadway In SoHo With Landlord KPG Funds

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LEASED
David Malawer
Greg Kraut
+ 1

New York

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Office7,463 SF
Leased 07/01/2020
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LEASED

Cabin Editing Company Signs 10-Year Lease At 446 Broadway In SoHo With Landlord KPG Funds

433 West Broadway, New York, NY 10012

See Similar Deals
Office7,463 SF
Leased 07/01/2020
David Malawer
Greg Kraut
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Total Square Footage:7,463 SF
Transaction Type:Lease

The top floor of KPG Funds' L'Atelier office building in SoHo has been leased to Cabin Editing Company, a creative editing and visual effects boutique. The lease term is 10 years, with an asking rent of approximately $120 per square foot. The office space spans an area of 7,463 square feet. Cabin Editing's impressive clientele includes Beyoncé, Drake, Rihanna, A$AP Rocky, Kendrick Lamar, Vince Staples, Google, Apple, Samsung, BMW, Volvo, Hyundai, Coca-Cola, Pepsi, Nike, Adidas, and Louis Vuitton.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 446 Broadway AKA L'Atelier
  • Market: SoHo

Cabin Editing Company, known for its reputable client base, has signed a 10-year lease for the top floor of KPG Funds' L'Atelier office building. This deal was facilitated by Ken Fishel from LegacyNY Commercial Real Estate, who represented the tenant. On the landlord's side, David Malawer from Newmark served as the representative. The leasing of this prime office space in SoHo opens up new opportunities for Cabin Editing to expand their business and continue servicing their high-profile clients.

Players

Ken Fishel
4 deals
BROKER

David Malawer
Newmark
4 deals
BROKER

Greg Kraut
KPG Funds
7 deals$96.8M volume
LANDLORD

Rod Kritsberg
KPG Funds
4 deals$126.8M volume
LANDLORD

Details

LEASED
IMAGE: Rod Kritsberg, A$AP Rocky, Drake, Rihanna, Gregory Kraut & Kendrick Lamar DATE: 07/2021 ADDRESS: 446 Broadway AKA L’Atelier MARKET: SoHo ASSET TYPE: Office TENANT: Cabin Editing Company - Carr Schilling LANDLORD: KPG Funds - Greg Kraut & Rod Kritsberg TENANT'S REP: Ken Fishel - LegacyNY Commercial Real Estate LANDLORD'S REP: David Malawer - Newmark ASKING RENT: $120/ft. (approx.) ~ SF: 7,463 LEASE TERM: 10 Years NOTE: Cabin Editing Co., a creative editing and visual effects boutique signed a 10 year lease for the top floor of KPG Funds’ L’Atelier office building in SoHo. Cabin Editing’s clients include; Beyoncé, Drake, Rihanna, A$AP Rocky, Kendrick Lamar, Vince Staples, Google, Apple, Samsung, BMW, Volvo, Hyundai, Coca-Cola, Pepsi, Nike, Adidas and Louis Vuitton.

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Deal Type
Effective Rent (Annual)

$427,774.66

Total Lease Value

$4,277,746.57

Net Landlord Cash Flow$427,774.66