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Tutor Perini Signs Six-Year Lease For 27990 Square Feet At 520 Eighth Avenue In Midtown Manhattan
LEASED
+ 1
New York
See Similar DealsOffice27,990 SF
Leased 09/09/2025
LEASED
Tutor Perini Signs Six-Year Lease For 27990 Square Feet At 520 Eighth Avenue In Midtown Manhattan
520 8th Avenue
See Similar DealsOffice27,990 SF
Leased 09/09/2025
+ 1
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:27,990 SF
Transaction Type:Lease
520 8th Avenue is located in Midtown Manhattan and is categorized as an office asset, encompassing a total of 27,990 square feet. The lease agreement has a term of six years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Lease Term: Six-year lease
- Landlord: Jeffrey Gural, Eric Gural & Brian Steinwurtzel - GFP Real Estate
- Tenant: Tutor Perini
- Broker: Matthew Mandell - GFP Real Estate
- Market: Midtown Manhattan
Matthew Mandell of GFP Real Estate represented the landlord in this lease transaction, while Tutor Perini is the tenant securing the space at 520 8th Avenue, located in Manhattan's Garment District.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,604,369.91
Total Lease Value
$16,043,699.10
Net Landlord Cash Flow$1,604,369.91
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