Ahead Expands Presence With Office Lease At 500 Fifth Ave In Manhattan

The lease transaction involves a 16,486 square foot office space at 500 Fifth Ave., Manhattan, with an asking rent of $95 per square foot. The landlord, Moises Cosio, leased the office space to IT company Ahead. Cushman & Wakefield represented the landlord, while CBRE represented the tenant in the deal.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 500 5th Avenue
• Market: Manhattan
• Landlord: Moises Cosio
• Tenant: Ahead
• Landlord's Representative: Harry Blair, Lauren Hale & Michelle Mean - Cushman & Wakefield
• Tenant's Representative: Harly Stevens & Michael Poch - CBRE
• Asking Rent: $95/ft
• SF: 16,486

The IT company Ahead secured the lease for the office space at 500 Fifth Ave., further expanding its presence on Fifth Avenue. The deal, brokered by CBRE and Cushman & Wakefield, signifies a strategic move for both the landlord, Moises Cosio, and the tenant, positioning them for continued growth and success in the Manhattan market.