Two Trees Management Company Leases Office Space At 50 W 23rd St, New York
LEASED
New York
See Similar DealsOffice31,000 SF
Leased 01/05/2015
LEASED
Two Trees Management Company Leases Office Space At 50 W 23rd St, New York
50 W 23rd St, New York, NY, 10010
See Similar DealsOffice31,000 SF
Leased 01/05/2015
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:31,000 SF
Transaction Type:Lease
Located at 50 West 23rd St in New York, NY, the office property spans 31,000 square feet. Two Trees Management Company serves as the landlord for this asset.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant's Rep: Michael Gottlieb(Avison Young)
- Landlord: Two Trees Management Company
- Tenant: Dropbox
- Tenant's Rep: Martin Cottingham and Anthony LoPresti (Avison Young)
Dropbox secured a lease for the 31,000 square feet office space at 50 West 23rd St in New York. Avison Young's Martin Cottingham and Anthony LoPresti, alongside Michael Gottlieb, represented the tenant in the transaction.
Players
BROKERAGE
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,776,901.29
Total Lease Value
$17,769,012.93
Net Landlord Cash Flow$1,776,901.29
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