LEASED
Lingotto Leases Office Space In Midtown Manhattan For $85/ft
461 5th Avenue
Office
11,232 SF
11,232 SF
Leased 24 days ago
Summary
Lease
NEW YORK
Office
11,232 sqft
Located at 461 5th Avenue in Midtown Manhattan, the office asset involved in the lease is set to welcome Lingotto as the new tenant. Lingotto will be leasing 11,232 square feet of space for a 10-year term at an asking rent of $85 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Marc Holliday - SL Green Realty
- Tenant: Lingotto
- Landlord's Representative: Brian Waterman, David Waterman, Kevin Sullivan & Scott Klau - Newmark
- Tenant's Representative: Harley Dalton, Ron Lo Russo & Samantha Perlman - Cushman & Wakefield
- Address: 461 5th Avenue
- Market: Midtown Manhattan
- Asking Rent: $85/ft
- Lease Term: 10 years
Lingotto, with $4.6 billion in assets under management, is making its debut in New York City by leasing space within this prestigious building, marking a strategic move for the company's expansion.
Players
Details
LEASED
IMAGE: Brian Waterman, Marc Holliday, David Waterman, Kevin Sullivan, Scott Klau, Harley Dalton, Ron Lo Russo & Samantha Perlman
DATE: 04/10/2024
ADDRESS: 461 5th Avenue
MARKET: Midtown Manhattan
ASSET TYPE: Office
LANDLORD: Marc Holliday - SL Green Realty
TENANT: Lingotto
LANDLORD'S REP: Brian Waterman (@BriansWaterman), David Waterman, Kevin Sullivan & Scott Klau - Newmark (@Newmark)
TENANT'S REP: Harley Dalton, Ron Lo Russo & Samantha Perlman (@SamanthaPerlman) - Cushman & Wakefield (@CushWake)
ASKING RENT: $85/ft ~ SF: 11,232
LEASE TERM: 10 years
NOTE: Lingotto, with $4.6 billion in assets under management, is set to establish its inaugural New York City office within the building, leasing 11,232 square feet for a 10-year term at an asking rent of $85 per square foot.View on map
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Address461 5th Avenue
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