J.P. Morgan Chase Expands Lease At 5 Manhattan West To 565000 Square Feet With Bruce Flatt

The asset involved in this lease transaction is an office property located at 5 Manhattan West in the Manhattan market. The property has a total square footage of 565,000 square feet.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Bruce Flatt - Brookfield Properties
• Tenant: Jamie Dimon - J.P. Morgan Chase
• Total footprint for J.P. Morgan Chase after expansion: 565,000 sq ft
• Expansion size: 139,000 sq ft
• New headquarters location for J.P. Morgan Chase: 270 Park Avenue
• New headquarters size: 2.5 million sq ft

In this transaction, Bruce Flatt represents Brookfield Properties as the landlord, while Jamie Dimon represents J.P. Morgan Chase as the tenant. The expansion by J.P. Morgan Chase occurred in the fourth quarter, solidifying its presence at 5 Manhattan West.