Okada & Co. is delighted to announce the leasing of 7,200 SF at 50 West 17th Street in Flatiron, Manhattan. The Class B Office space was leased to VMGroupe at an asking rent of $48 per square foot. The total leased space at this property now amounts to 32,400 SF, and this lease marks the 100th transaction of the year. Since 2021, a total of 534,953 SF of office space has been leased, showcasing the strong market demand.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Leasing of 7,200 SF
• Address: 50 West 17th Street
• Market: Flatiron, Manhattan
• Landlord: Argo Real Estate
• Tenant: VMGroupe
• Brokers: Christopher Okada, Thomas Capuano, Elena Ivanova - Okada & Company
• Asking Rent: $48 per square foot

With a portfolio boasting over 3 million square feet of commercial real estate in Midtown Manhattan, Okada & Co. has become a prominent player in the post-pandemic office market. The company's success can be attributed to its readiness to make deals, quick turnaround time, marketing prowess, and broker-friendly approach. Brokers interested in future opportunities can contact [email protected] for more information as well as visit www.okadaco.com for a list of bonus and incentives properties available in Summer 2023 and beyond.