The Michael J Fox Foundation Leases 70,000 SF Office Space At 530 Fifth Avenue, Manhattan

The asset involved in this transaction is an office space located at 530 Fifth Avenue in Manhattan. The total square footage of the property is 70,000, with an asking rent of $80 per square foot. The lease type is classified as a Single Net Lease.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $80/ft
• Square Footage: 70,000
• Address: 530 Fifth Avenue
• Market: Manhattan
• Landlord: SageHall
• Tenant: The Michael J Fox Foundation
• Brokers: Kirill Azovtsev, Shay Bolton & Meghan Marchini - Savills

The transaction was facilitated by the brokerage team from Savills, comprising Kirill Azovtsev, Shay Bolton, and Meghan Marchini, representing the interests of both the landlord, SageHall, and the tenant, The Michael J Fox Foundation.