Red Bull Signs Lease For 17585 Square Feet At 5 Little W 12th St New York
LEASED
New York
See Similar DealsOffice17,585 SF
LEASED
Red Bull Signs Lease For 17585 Square Feet At 5 Little W 12th St New York
5 Little W 12th St, New York, NY, 10014
See Similar DealsOffice17,585 SF
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:17,585 SF
Transaction Type:Lease
Red Bull has signed a lease for office space measuring 17,585 square feet located at 5 Little West 12th St, New York, NY, 10014. This property is situated in the New York market, specifically in Manhattan’s Meatpacking District. The tenant is relocating from 218 West 18th Street to occupy the space within the 82,000-square-foot building in the third quarter.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Square Feet: 17,585
- Address: 5 Little West 12th St, New York, NY, 10014
- Market: New York
- Landlord: EPIC
- Tenant: Red Bull
- Landlord's Rep: Daniel Levine (Newmark)
Representing the landlord in the lease negotiations were David Falk, Daniel Levine, and Jason Greenstein from Newmark. On the tenant's side, the representation was handled by David Mainthow from Cushman & Wakefield.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,007,961.59
Total Lease Value
$10,079,615.88
Net Landlord Cash Flow$1,007,961.59
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