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Jeffrey J. Feil Of The Feil Organization Leases Office Space To Thompson Coburn At 488 Madison Avenue
LEASED
$75
New York
See Similar DealsOffice46,000 SF
Leased 12/18/2025
LEASED
Jeffrey J. Feil Of The Feil Organization Leases Office Space To Thompson Coburn At 488 Madison Avenue
488 Madison Avenue
See Similar DealsOffice46,000 SF
Leased 12/18/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$75
Total Square Footage:46,000 SF
Transaction Type:Lease
The asset involved in this transaction is an office space located at 488 Madison Avenue in Manhattan. The lease was signed with a total area of 46,000 square feet priced at $75 per square foot. This property is managed by The Feil Organization.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $75/ft
- Lease Term: 15-year lease
- Landlord: Jeffrey J. Feil - The Feil Organization
- Tenant: Thompson Coburn
The leasing arrangement reflects Thompson Coburn's commitment to maintaining its long-standing presence in this office location, specifically on the 14th and 15th floors of the building, through the renewal of their existing lease.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,955,038.36
Total Lease Value
$39,550,383.62
Net Landlord Cash Flow$3,955,038.36
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