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Gwynnie Bee Leases 28,977 Square Feet At 5 Penn Plz New York Represented By Newmark Grubb Knight Frank

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LEASED
$70

New York

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Office28,977 SF
Leased 09/06/2018
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Property Image
LEASED

Gwynnie Bee Leases 28,977 Square Feet At 5 Penn Plz New York Represented By Newmark Grubb Knight Frank

5 Penn PLZ, New York, NY, 10001

See Similar Deals
Office28,977 SF
Leased 09/06/2018
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Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$70
Total Square Footage:28,977 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 5 Penn Plaza, New York, NY 10001. It occupies a space of 28,977 square feet and is situated in the New York market. The rent per square foot for this lease is $70.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: N/A
  • Address: 5 Penn Plaza, New York, NY, 10001
  • Market: New York
  • Tenant: Gwynnie Bee
  • Landlord: Haymes Investment Company
  • Tenant's Representative: Christie Bennet (Newmark Grubb Knight Frank)
  • Landlord's Representative: David Caperna (Brookfield)
  • Rent/SF: $70
  • Square Feet: 28,977

This lease transaction features Gwynnie Bee as the tenant, who will be occupying the space managed by Haymes Investment Company as the landlord. Christie Bennet from Newmark Grubb Knight Frank acted as the representative for the tenant, while David Caperna from Brookfield represented the landlord in this deal.

Players

Christie Bennet
7 deals
BROKER

David Caperna
Brookfield Properties
7 deals(212) 417-7147
BROKER


LANDLORD

Details

LEASED
IMAGE: 5 Penn PLZ, New York, NY, 10001 MARKET: New York TENANT'S REP: Christie Bennet(Newmark Grubb Knight Frank) LANDLORD'S REP: David Caperna(Brookfield) TENANT: Gwynnie Bee LANDLORD: Haymes Investment Company RENT/SF: 70 SQUARE FEET: 28977

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Deal Type
Effective Rent (Annual)

$2,325,321.82

Total Lease Value

$23,253,218.16

Net Landlord Cash Flow$2,325,321.82